EUR/USD has firmed through resistance in the 1.3490/95 area and retaken the 1.3500 handle. A nice pop in S&P futures is helping support the move as they rally about 1% prior to the open of the cash markets in a bit more than an hour.
Dealers note a bit of profit-taking on long EUR and GBP positions from a smaller Asian central bank on the push to new highs. 1.3535/45 is next resistance of note for EUR/USD. 1.3535 is the 38.2% retracement of the 1.3721/1.3420 decline.
