The euro has been grinding higher over the last few days, paring some of the losses made since it reached its 2013 highs on 25 October. The pair ran into resistance today though around 1.35, a previous level of support and resistance and a key psychological level. This is also where the ascending trend line that it broke below 7 November intersects the 38.2 fib level. This makes the level a major level of resistance for the pair.... (full story)