EUR has edged higher

EUR has edged higher vs USD in generally quiet foreign exchange trading. The move appears to be largely flow-driven, says one Toronto technical analyst. "There's nothing overt I can really see," he says. Looking further out, EUR seems likely to be able to push higher in a more optimistic market environment, he says. EUR is currently around $1.3596 after pushing up to $1.3605 a few minutes back, from $1.3443 late Tues, and from $1.3653 in more turbulent trading Wed morning, according to EBS. The analyst sees trendline support at $1.3357, and resistance at $1.3788, with a break through there expediting a move into the $1.40 to $1.50 zone. USD is at Y97.20 from Y97.88, GBP is at $1.4540 from $1.4670.