EUR/USD is rallying nicely, presently at 1.4335.
Gotta think this has alot to do with whats going on with EUR/GBP. The cross is seeing accelerated gains, presently at .8743, chewing through aforementioned sell orders protecting touted .8750 barrier option interest. Someone is trying very hard to get this interest blown.
Back with EUR/USD, probably good idea to remember China might well resurface on move to/through 1.4350. Might even come in a little earlier.