EUR/USD: Edging Higher, Talk Of Stops Above 1.3350

The EUR/USD is edging higher with the USD looking a bit soft in the afternoon session. The EUR/USD has touched 1.3340 where there is decent selling, but stops above 1.3350 are coming into focus. The 1.3350 level is the 61.8 fibo of the 1.3411/1.3255 move and a break of that level targets a full retracement towards 1.3410. the EUR/USD trades 1.3335/40.