While dollar buying comes to the fore the Euro visits 1.0630 support
The euro has been on a nice trip today. It left home this morning to take in the sights and sounds of resistance at 1.0690/700 and has now returned back home to support at 1.0630
EURUSD 15m chart
As I type that support has held and it will be no coincidence that that has come as USDJPY struggles at 123.60. Just to add to Adam's post, traders are noting stops building on a break of 123.65/70
Back to the Euro and this lower level looks like it might have enough to hold off further pressure until the Fed minutes, then all cards are off the table
