According to analysts at BBH, the pair needs to clear 1.1350/80 in order to extend the bull run. Key Quotes “The euro fell to $1.1235 last week, its lowest level since Yellen spoke at the NY Economic Club at the end of March”. “It is not clear from a technical perspective if this pullback is the beginning of a more sustained move or whether it’s simply a short bout of profit-taking before the uptrend resumes”. “A move above $1.1350-$1.1380 would suggest the euro's uptrend remains intact”. For more information, read our latest forex news.