EUR/USD poised to break above 1.1144?

As many of you surely know by now the high seen in the EUR/USD last Friday was set at 1.1144. Since then it backed off earlier this week to 1.0882. The push higher today probably surprised a few operators after it had fallen back from 1.1095 to 1.0915 yesterday evening. The rebound today got a boost from the lower CPI report released less than an hour ago. However, the Euro has peaked so far at 1.1131. It has backed away from that high now, but so far it has survived a fall back to around 1.1090 and it is on the rebound again just now. The question now: can it push above that 1.1144 high seen last week and if it can, will it push on, to test the 1.1214 high seen last year? Well, given the fall back to 1.0882, if 1.1144 does get taken out there is an argument to suggest it might just flip that earlier 262 pip fall back through 1.1144. We shall have to see on that, but first thing is first; it has to take out 1.1144 first and so far today it has yet to do that. The EUR/USD is right now at 1.1118 just as the US stock markets open in a couple of minutes times