The pair started in Asia at $1.3629 after trading up to a $1.3651 high during the US session overnight following the US GDP results. It got up to $1.3633 before sliding back in early trading action in the Asia-Pacific hours. Losses were however contained as the US dollar retained a weaker bias and euro-dollar took back the $1.3630 mark soon after. It ran into fresh pressure off $1.3635 but bounced again off $1.3630 to mark a fresh high for the session at $1.3636. Since then trades have been tapering off as the market eyes coming events for further clues. Euro-dollar was last at $1.3633. Overall the$1.3670-77 region remains key for the topside with a close above to confirm a break higher and the focus then shifting to the $1.3736-75 region.
