1.34: This week’s trading has only begun as the 1/14 Asian morning session starts it off with the euro strength we saw since last Thursday’s ECB interest rate policy meeting. We saw the EUR/USD break above recent highs of 1.33 on Friday (1/10), which continues a bullish outlook that has the 1.3485, 2012-high in sight. So far at the start of trading this week, EUR/USD is challenging the 1.34 handle. A break above this, and a subsequent hold above 1.3320 on a potential throwback should maintain this outlook. Overbought: The bullish outlook remains, unless there is a failure to break above 1.34 OR there is a quick ... (full story)