The Normal Zone for EUR/USD
lies between $1.1 and $1.4. In normal course, I would expect the Euro
to rebound from its present level of c. $1.1, and swing around its mid-point of $1.25. The main pressure for it to continue its downtrend is the imminent increase in USA interest rates, while the European Central Bank
clings to Zero Interest Rate Policy. Toss the coin: I bet it goes down.