EUR has finally reached 1.3620 forecasted target from yesterday and still the bullish push higher is very strong, with absolutely no signs of reversing on any time frame. Seems that there is nothing to stop the generalized dollar weakness. Next target is around 1.3700-1.3720. With the dramatically rising jobless claims dollar future is bad. Today's NFP if bad will be the final nail in the dollar's coffin. Then target will be 1.4000 and above. Until next talks to money transfer for Greece, do not forget also that high price of the EUR affects badly EU countries, and this will be very bad later through the year.
So soo i expect the EUR to return at least to 1.3520 , i repeat that for now there are no signs for that. First signal may be a drop below 1.3560 but that needs to be confirmed by at least one more H4 bar.
GOLD reversed and now pointing to downside again with the greater interest on EUR. Expect more slide.
LONG EUR above 1.3600 SL1.3580 TP 1.3700-1.3720
SHORT EUR below 1.3560 SL 1.3580 TP 1.3510-1.3490
SHORT GOLD below 1664 SL 1667 TP 1647
LONG GOLD above 1669 SL 1663 TP 1680 (high risk)