EUR/USD
The evaluation of fundamental analysis is finally argues that the euro-dollar pair should be supported in long-term upward direction as the euro is the natural currency "by default" when investor confidence betray the dollar.
The technical picture of the pair reflects opportunities for advancement to the 1.4700 resistance level. The first price target for the short term can be found at around 1.4360. However, only if the pair breaks the downtrend line that acts as resistance in the 1.4380, we will get technical confirmation for the continuation of the movement upwards and towards the medium term price target at around 1.4680 or 1,4700 dollars to the euro.
