FX.co ★ EUR/USD Bullish Outlook, March 29, 2011 (Daily Strategy)

EUR/USD
The Euro – United States dollar pair need a support or a leg around 1.3930 levels, we thus believe that the pair continued their downward sequence to this level.

The euro has to go a bit higher, perhaps to levels of 1.4500 or more,
for it would be a good opportunity to buy at a cheap price at 1.3930 with a target output in the short term 1.4320 and long-term 1.4540