EUR/USD has penetrated a resistance line drawn from the 1.3486 highs back in late February and traders will look to the close for signs that the euro could have another up-leg ahead of it. A close above the 1.3270 level would give the bulls fresh evidence that a rally toward the 1.3370s maybe unfolding.
A close back below that trendline would strengthen resistance and suggest more range-trade ahead.
