All depends on market sentiment. a Few Scenario's could be these : 1 No Taper, Fed loses some credibility: Market sees it as wishy washyness Surprise no taper but big trading firms will bull the EUR/USD hard short term. Making 1,37 or even 1,38 as ...
Long term Eur/Usd is bullish due to the on going macro factors that have been playing for the last 10 years. The chart just gives a hint for the conformation that has been on going in the fundamentals. However for the short term(month) its likely to ...