EURUSD breaks resistance around 1.0450

A little pop looks to have cleared out some stops

Finally 1.0450 breaks and we run up a massive 18 odd pips to 1.0468. Can the break be sustained or was this just a stop run.

EURUSD 15m chart

The key will be whether 1.0450/55 hold as support now. If so then we might get a push higher.

EURGBP is looking firm as it runs to 0.8488. If the offers are big enough at 0.8500 then that could put the breaks on EURUSD.

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