he Euro is going through a correction period after having reached all-time highs. Nicole Elliot, senior technical analyst at Mizuho Corporate Bank affirms: “Correcting from an all-time high at 1.4283, and likely to hold below here again today, in what is seen as a much-needed breather. The Euro is no longer too overbought and bullish momentum has eased.” For the ext days, Elliot forecasts: “Over the next few days and maybe weeks we see dips towards 1.3900 as buying opportunities for a move higher still later this year.”