The EUR/USD topped out at 1.3060 in London trading and since the NY open the pair has remained capped at the 1.3040 level, albeit having traded in a narrow 1.3019-40 range and last at 1.3026. The EUR/USD looks as though we could see it drift a little lower to start the first NY session of the new quarter with the next level of support noted at 1.2991.
