EUR/USD lifting after mixed PMI revisions but resistance remains in place higher up

There has been a bunch of Eurozone Services and Composite PMI revisions released a little earlier this morning and those have been mixed. We have slightly lower revisions from Germany and Italy, but higher from France. The EU wide data has just been released too and that has been revised ever so slightly higher. The EUR/USD had been pressing a little higher after the French data and edged just above 1.0760. However, in truth that seems more skewed towards a drop back from the highs in the USD/JPY than it does from any of this data. The move higher in the EUR/USD is still shy of that previously noted 50 day moving average and that remains a barrier. That is still rising today and in place right now at 1.0779. The EUR/USD is currently trading at 1.0757