EURUSD comes within touching distance of last week's highs

EURUSD is pushing on

The support down to 1.0880 has held, the dips have been bought and that looks like it's leading to an attempt to break higher.

EURUSD H4 chart

Everyone's got their eyes on 1.10.

Support is minor at 1.0920 but look for that to step up to 1.0930/35 to maintain this push.

If we fail to do it now and over the NFP then we could see a sharp pull back ahead of the French election risk weekend as longs cover. So far there's nothing being flagged from the main first round vol indicator.

EURJPY 1m ATM option vols

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