The EUR/USD pair is still pushing up against the down-sloping trend-line drawn from the January highs. We have not had a clear and decisive break above, but over time it has nudged higher and moved above the trend-line. The current sideways consolidation forming on the hourly chart is probably due to traders waiting for employment data, including ADP Employment change today and Non-Farm Payrolls on Friday. The range highs are at 1.3107 and lows at 1.3040: a break above either of these levels would indicate a continuation in that direction, with an upside target at 1.3170 and downside to 1.2975, although there is much support around 1.3000, including the monthly pivot and the 50-day MA which could get in the way of downside.