FXstreet.com (Barcelona) Yesterday, after ECB's Trichet said euro zone rates are at right level, stopping expectations of a near-term ECB rate cut, the EUR gain 1,3% against USD.

Raivis Zile from Dukascopy says 'Euro/USD, There is some profit taking and position adjustment going on, but the general uptrend will probably continue. The next stop for the euro is $1.60.'

Meanwhile AceTrader says, the range will move on 1.5795/1.5825, Resistance/Support will be R: 1.5848/1.5859/1.5905 S: 1.5788/1.5757/1.5703