EUR/USD has opened firmer in Europe, presently at 1.3125. The rally accelerated when aforementioned technical resistance at 1.3085 gave out and stop loss buy orders were triggered. Sources note that there was decent buy interest out of Korea. There is also a little bit of scuttlebutt doing the rounds. Details are very sketchy though, so take it for what its’ worth. Rumour has it that a U.S. bank has put out a piece giving its’ Top 10 trades for 2009 and that this gave EUR/USD a lift. If we hear anything else on this one we’ll be sure to pass it right along. Now from a technical perspective for EUR/USD, resistances lie at 1.3170 and 1.3200, while supports are at 1.3100 and 1.3080.