All looking rather perky ahead of the German IFO in a couple of hours time with the pair just edging a fresh daily high of 1.3384, the move fuelled by yesterday’s strong German PMI data.
There are offers running up into 1.3400 with talk of some buy stops through 1.3410 (Jan 14 high 1.3404) and little above there until the tech res around 1.3486 highs of Feb last year. Bids remain down at 1.3350/60 with sell stops below through 1.3340
EUR’s presently trading around 1.3380
