EUR/USD doesn’t show much topside follow-through

I was hoping for a bit more in the way of fireworks to the topside after the market failed to push EUR/USD through the 1.4800 level earlier in the day. Apparently the markets do not move merely for my amusement and EUR/USD has dipped back to the 1.4850 area. Look for offers toward 1.4900 but stops in the 1.4900/10 area.

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