EUR/USD heads into the close quite close to session highs, now just above 1.2800. There is some wood to chop on up to the 1.2840 area, so a break higher early next week would be very impressive indeed. My guess is that we get some backing and filling between 1.2700 and 1.2825/40 early next week until the major event risks out of Europe are out of the way Tuesday. After that, we have the Fed to contend with on Thursday.
All the best for a restful weekend.
