EUR/USD has attempted to break the 100-day moving average (1.3117) in sustained fashion three times so far today but has failed to hold below it thus far. If the Irish news (sovereign debt downgraded by S&P to AA+ from AAA) and oil falling below $50 (and then $49) could not get the job done, it seems unlikely we’ll break to the downside today.1.3180 and 1.3210 are resistance levels on rebounds intraday.