Technical analysts at Citigroup Inc. in New York claim that the single currency may climb to $1.325 versus the greenback.

The specialists note that the pair EUR/USD overcame $1.292 level forming reverse “head and shoulders” figure. There are 3 minimums with the lowest in the middle.

Never the less, Citigroup strategists point out that general sentiment is still bearish, although not as strong as it used to be.

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