We’re up through 1.27 to 1.2726 after the round of retail, price and manufacturing data. It’s been the perfect storm for the euro with a hat trick of dollar bearish numbers. If some in the market were still hesitating on pushing back rate expectations then these are the type of numbers that will help make up their mind.
1.2750 is the bigger level to watch on this run then 1.2780/90/800
EUR/USD H1 chart 15 10 2014