Attached is a 30-day chart of the March Euro Currency Futures.
As said on Thursday, I have a bullish bias in full. The upside objective is 135.40....a settle below 133.90 will return to neutral. The fundamental argument includes decent numbers from Germany and a higher than expected repayment of LTRO money.
There also appears to be a exodus from the safety of US Treasuries. Although this could be fueled by several factors there is potential for the market to interpret as a clear "risk on" signal putting a tailwind into the Euro trade.