EUR/USD has rallied over 1.5100 in early European trade, presently at 1.5110. European stocks are set to open firmer which will be helping to underpin the pairing. There’s also the little matter of the ECB meet and possible policy tightening signals looming.
Technical resistances now at 1.5117 and 1.5144.
Talk of some stops lined up on move through 1.5130, but 1.5150 option interest is expected to be robustly defended.
