EUR/USD: Working Higher As EUR/JPY Triggers Stops

EUR/JPY managed to absorb the offers back from 168.40 to 168.50 and stops are tipped to have gone off amid the break higher. As a result, EUR/USD has also found a bout of strength as spot is now working higher once more to retest the all-time highs up at 1.3834 with talk of option related sales into 1.3840/50, linked to potential option structures at the price. EUR/JPY option barriers are seen into 169.00 and 170.00.