EUR/USD has ticked slowly higher in early European trade, presently testing technical resistance at 1.3995/00.
Risk sentiment at the present time is in ok shape, helping to underpin the pairing.
How far the rally can extend is maybe a little debateable, given ongoing reports of sovereign selll interest lined up in the low 1.40’s.
Next resistance up at 1.4015/20, support 1.3660/65.
