EUR/USD edges higher in slow start; sell orders, stops noted

EUR/USD is slowly edging higher in a subdued start to European trading, presently at 1.4945.

Sources now note sell orders lined up at 1.4945 up through 1.4965, with buy stops said to be gathering up at 1.4975/80. As mentioned earlier, move to 1.5000 seems to have been merely postponed, not cancelled.