Recent high of $1.0548 just short of the 1.0560 level mentioned earlier (July 18 low)
Some talk that the move also getting a boost from M&A talk of SAB Miller buying Fosters again, which has started to gather more interest.
Should 1.0560 get lifted we can move up towards the 100 and 55 day MA’s currently sitting around 1.0639 and 1.0647
EUR/USD offers around 1.4450 from Asia are currently slowing down the move
