The Greenback weakened to 1.5430 per Euro, the weakest since the Euro’s debut in 1999 after the ECB kept rates unchanged to combat inflation.

With a possible rate cut by the Fed in the US in the near future, the strong bias of the EUR might never diminish.

Although the EUR is bullish, we want to aknowledge the fact that we can clearly see how the Indicators are overbought, signalling a possible pull back or even consolidation which is always a healthy thing..