FXstreet.com (Barcelona) - The Euro is getting used to high levels, but Nicole Elliott, senior technical analyst at Mizuho Corporate Bank warns about a second pullback ahead: There is still a chance of a second pullback later this month. We remind that dips towards 1.3900 are seen as medium term buying opportunities for a rally later this year. Some time this month we expect the Euro to break above the record high at 1.4283. Strategy wise, Elliott advices: Possibly attempt small longs at 1.4170 but be prepared to add to 1.4075; stop below 1.3950. Target 1.4240/1.4280.
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