Razvan
Long

EURUSD - Rally

FX:EURUSD   Euro/U.S. Dollar
674 5 7
It seems that investors have more confidence in the Euro             Area. If the day will close above the trend line , I will not be surprised to see 1.3800 retested.
Your opinion, can the euro continues to push over 1:38? Are options 1.4 possible?
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Razvan xnedja
for the euro to get to 1.4 it is possible, but 1.3880 should fall for that to happen.
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You might be right on the money wit this one, although I do believe we'll break the last 1.38 high
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On the longer term, do you think it will reach reach above 1.38?
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Razvan renewill
I don't think that a strong euro will help Europe's economy to recover, so i believe that in the current context it would be difficult for the euro to go higher, than 1.38
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