MAY 9th - Having corrected a requisite Fibonacci percentage, the long term Bull market in EURO/USD has probably resumed, with the Euro already nearing the first significant target around the 1.3000 level.
Although this is then likely to prompt a reaction, this will likely lay the foundations for the next strong advance onto new all-time highs (above 1.3665) over coming months, enroute to a long term Target of 1.7075 (refer Weekly Chart below).