EUR/USD still running into sellers ahead of 1.1125 for the time being

Yesterday afternoon, when the August ADP report hit the wires, the EUR/USD lifted further above 1.1100 and pushed to 1.1120. However, it was not able to hold the move and later fell back to around 1.1075 ahead of the 4pm London fix, after the ISM services index slightly beat estimates. It later rebounded again and closed in the US at 1.1111. A further push higher earlier this morning saw it reach 1.1121 and it has seemingly stalled there for the time being. So, it seems there are some decent sellers in place again ahead of the 1.1125 handle. That is surely due to the proximity of the US monthly jobs report this afternoon. However, once again if you glance across at the USD/JPY, you will see that has pushed a little higher once more and this is stunting efforts to push the EUR/USD higher. There will be more to add on the outlook for the Euro later this morning, but for now it is very much in the shadow on the USD/JPY again and also what the US jobs report has to offer later today. It is just now trading at 1.1116