Morning briefing: EUR/USD may rise to 1.1220/1.1250

The Dollar Index could slip to 101.50–101.00 while below 102.50; a break below 101 would turn the medium-term view bearish. EURUSD may rise to 1.1220/1.1250 before easing back to 1.11. Dollar-Yen faces resistance at 158.30 with downside possibility of 157, while EURJPY could rise towards 177/178.