Should EUR/USD backup toward 1.4510, there may be some selling related to a digital option which expires at that level at 10 am tomorrow morning. The owner of the option wants spot to trade below 1.4510 at expiry (and will recieve a $5 mln payout if it does, while the writer of the option will try and push the market higher (if it is close) to avoid the big payout…EUR/USD trades now near 1.4465 after rallying toward 1.4490 after stops were tripped above 1.4470.