FXstreet.com (Barcelona) - EUR/USD popped up past 1.3000 through mid American session, yet air was quite thin above the level, leading to a potential break of "expected stop-loss orders above 1.3010 not materializing" notes FXWW Founder Sean Lee.

Sean points out "the prospect of a double-top now at 1.3005/10 will have the bears salivating but the more likely outcome is continued range trading, with edges to watch on the day at 1.2945/1.3005" he adds.