EURUSD April 2014

FX:EURUSD   Euro / U.S. Dollar
39 0 0
Eur is still strong against the US D but it should brake down bellow 1.3780 until 1.3660 or 1.3580 before a last hit until 1.4050-1.41. And then, with the Tappering on the one hand and the increase of the interest rate by the FED, USD will be much stronger against EUR. ECB said that above 1.42 European Central Bank would intervene baring in mind that above 1.43 Europe loose its competitiveness..... Having said that, After 1.405 - 1.41 Euro             may slide until 1.3588, 1.33, 1.3122, 1.30 and 1.2850
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