Up another 25 pips in the last few minutes to a high of 101.55 and just shy of the 101.60 area I highlighted earlier. Should that go then we’ve got a virtual clear run to 102 as far as the tech goes.
There’s strong offers noted at 101.60/70 containing export interest and some stops mixed in, 101.80 holds stronger offers and then 102.00.
EUR/JPY finally joins the party and tacks on nearly 40 pips to 138.79. There’s resistance at 138.85/95 with sellers sitting at 139.00, 139.20, 139.50. This is helping base EUR/USD in the 1.3660’s.
