We've had a look but can't quite get over that line

1.1330 is the level that's making things hard for buyers right now. The pop to 1.1347 looked to be the nutcracker but we couldn't hold above and now we're flip flopping around the level

EURUSD 15m chart

I mentioned yesterday that the euro looked like it wanted to push higher but unless it can get above this hurdle the risk is that we see the buyers on this push bail out and we fall back towards 1.1300. At the moment they look to be stepping in ahead of 1.1310. Should they get pushed back then through 1.1300 the next lines of defence are at 1.1292 and 1.1260/70

Typically as I type we get another push over the line and another test of 1.1350. Let's see if this one holds