EUR/USD rose slightly during the session on Wednesday in order to continue the slow climb higher. The trend line still pushes us higher, and as a result we think this pair continues to march north. However, there are a couple of areas to watch such as the 1.30 and the 1.2750 levels.
The EUR/JPY is a much clearer picture going forward. We find the 100 level as a "floor" in this pair, and think that we will continue to move forward until we reach the 105 handle.