EUR/USD sits at 1.3685 in slow early trade, not doing much of anything. There is ongoing talk of a barrier option up at 1.3750 and this will be serving to temper euro bulls’ enthusiam a little. A very stout defence of said level can be expected.
Having said that, there doesn’t seem to be any great enthusiasm to embrace the greenback aggressively either, resulting in something of an impasse.
Tecnical support 1.3670/75, resistance 1.3720/25.
