Highest since Tuesday

The euro crossed over the early European session high of 1.1419 and hit 1.1422 in a fresh highs since Tuesday.

It's a nice bounce from the worst levels of the week, but if you look at the big picture, the euro is in a terrible spot. A close today above 1.1433 would be a nice start to a turnaround but the pair needs to get above 1.1500 to put any real questions in the minds of the sellers.