EUR/USD still hitting resistance above 1.14

An update here yesterday morning noted how the EUR/USD had once again run into a seller above the 1.14 handle. Well, it did the same again yesterday afternoon. Despite the really poor US data yesterday afternoon, the Euro could not get much above that 1.14 handle once more. The EUR/USD stalled at 1.1419 as the European markets closed and then edged back into the US close, where it ended the day at 1.1387. The failure to close above 1.14 handle is testament to the fact that someone keeps offloading Euros above that 1.14 level. The price action today has seen it drop back below the lows seen yesterday (1.1370) and it looks like it might have tripped some light stops through that level earlier. The low seen so far was set at 1.1355. The earlier high today was set at 1.1396. There will be more to add on this a little later this morning. The EUR/USD is right now at 1.1373