EUR/USD is up through 1.3360 to a session high.

One line of resistance people continue to watch is the 200-week moving average, which comes in at 1.3386 today. Some offers are said to be hanging around that level.

The break of 1.3300 earlier today was a signoal for the bears but it has blown up in the other direction. That’s been the case so often in the latest euro rally and speaks to the relentless, underlying strength.