For the time being, virtually the same zone mentioned yesterday (with a slight expansion) between 1.2725 to 1.2735 looks to offer resistance.

FORBES: Irish Debt, U.S. Economy Handcuff Currencies

This was the zone that was mentioned yesterday, and so far, over the last few hours it has held firm.

FORBES: Dollar Whacked By Chinese Manufacturing Numbers, Pound And Euro Look Peppy

At the time of this writing the euro has recently broken through the top end of the resistance zone of 1.2730-1.2740 first mentioned on July 8.

FORBES: Euro And Pound Break Through At Dollar's Expense