EUR/USD made an impressive comeback, breaking above the downtrend channel. Will the ECB talk the euro down, or is 1.40 the next target? Final CPI numbers and an important German survey are the highlights. Here is an outlook on the highlights of this week and an updated technical analysis for EUR/USD. The pair was already advancing nicely when the relatively dovish FOMC Meeting Minutes extended the dollar sell off, and the pair shot even higher. A successful bond auction from Greece also helped and the euro ignored the weaker than expected inflation numbers from France and from other countries and some attempts to ... (full story)