Build higher this morning looks to be on month end flows again as well as the overall “euphoria” following the EU summit.
Recent month end flows however have been a bit disappointing. A break and close up through the 0.8800 level will possibly open a stronger move up to the July highs of 0.9080
Technical resistance is 0.8765/70 with the 100 day MA just above at 0.8777, technical support is down at 0.8690 and 0.8670
