EUR/USD has rebounded smartly, not that surprising since it usually rises with stocks. More surprising is the stalling USD/CHF and USD/JPY.
USD/JPY seems to be in sell-rallies mode after the poor follow-through from the break above 81.00 earlier this week. USD/CHF may just be a case of too far, too fast.
I suspect our friends the central banks have been helping themselves to “cheap” euros on the dips again, as well.
1.4535 is next resistance, followed by 1.4553 session highs.