On the chart of our left (click on to enhance on separate window), we can see how the US dollar has increased its value. It made sense. EUR was really overpriced. An initial target could be 1.1 as it´s marked with the green horizontal. However it´s reasonable to see some kind of rebound before finishing the movement. Even though there have been some rumors related to a strong attack against euro, we will follow the market and try not to anticipate future movements.