EUR/USD Scenarios

As you can see in the chart I think short term the euro could carry to 1.35 or so.. any upside past that creates great opportunites for a tramendous drop in the dollar's value relative to the euro.

On the other hand by my simple teal blue line...support has become resistance and a failure at or before 1.35 could bring the euro back down significantly...I wouldn't put a position on except long for the next 2%...