EUR/USD is shaken off the cobwebs and pushed to a fresh session high at 1.3102, nearing the highs for the trend at 1.3107. Buy stops are building at the level, traders say.
Offers are seen in the 1.3115/25. 1.3125 is the 38.2% retracement of the 1.5145/1.1875 decline. Expect more short-covering if that level is overcome on a sustained basis.
