EUR/USD touches a session high of 1.1350
Buyers remain in near-term control and are starting to make an attempt for a further upside break now as the high for the day touches 1.1350. On Friday, large expiries helped to contain the pair between 1.1300-25 but with no key notable ones rolling off today we're seeing the price range start to extend.
Of note, there is the 100-day moving average @ 1.1367 so that will be a key resistance level to watch out for in the day. Further offers lie at the 1.1400 handle so I would expect that to help keep gains in-check as well.
The dollar is holding a little weaker as equities continue to stay buoyed with risk sentiment still optimistic as we begin the European morning. The aussie and kiwi are still leading gains while the yen joins the dollar at the bottom of the pile for the time being.
