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EUR/USD pressing higher above 1.0250 just now
Since sliding below 1.0150 much earlier today the EUR/USD has made repeated attempts to get back above 1.0250. Well, until just now all those below out, but just recently the EUR/USD has managed to push its way to a European session high just above 1.0270. The gains come as the USD/JPY now slips below 154.50 and once again this looks in part due to the EUR/JPY not falling back much below the 158.50 level just yet. That has allowed the Euro some breathing space on the topside, but it remains to be seen, just far this current topside move will have left to run. The suspicion here; it will run into sellers before it reaches the 1.03 handle, but we shall see, if it might even get that far. The EUR/USD is right now at 1.0273
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