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EUR/USD: The Euro could continue to 1.4600




Euro Rally levels around 1.4100 reached 1.4445 high in 2009 so far, and the euro is moving in a range around 1.4000 at the opening of the European session, while Nicole Elliott , technical analyst at Mizuho Corporate Bank believes that the common currency can be seen at 1.4600 and beyond.

The euro should continue weak dollar, "Contrary to what is expected to be generalized U.S. dollar weakness of the euro should follow the leaders, now the Swedish krona and the Brazilian real. Our objectives are measured 1, 4600 and finally the psychological 1.5000.

In terms of strategy, advice to go long at levels less than 1.4400 "Attempt longs at 1.4385, adding to 1.4310; stop well below 1.4200. 1.4430 short-term objective, then 1, 1.4635 after 4545 and that ".

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