Further rise for EUR is still possible.

Current price EUR/USD 1.4578. The Trade Balance and the Unemployment claims statistics for the american currency will be released today and the forecast does not look very positive to push up the USD.

Possible levels of EUR/USD 1.4600-14630 or otherwise if the pair breaks down below 1.4450 next target more likely would be around 1.4400.

Further rally for the EUR is still possible to 1.4550

Current price EUR/USD 1.4488, further rally to 1.4550 is still possible to be seen in a day or two.

Comment:
Position bought at 1.4401 at 7:30 GMT and sold at 1.4514 at 15:05 GMT (profit of 113 pips)

The uptrend for EUR is still in favour.

Current price EUR/USD 1.4337 and watch for further rise close to 1.4400. If the pair break above this level, next target more likely would be 1.4500.

EUR could rise back to 1.4400 today.

Current price EUR/USD 1.4335 and a level of 1.4400 could be seen later on today. The German Factory Orders data will be released today at 10:00 GMT which could also push up the European currency.