The European currency made a strong upward movement. This happened after the lifting of the quarantine restrictions in the European Union. During the quarantine, the European economy was practically paralyzed and this led to the fact that the Euro fell sharply. But as soon as Europe resumed its activities, the Euro began to grow rapidly. At the moment, a strong resistance level has been reached in the currency pair Euro and Japanese Yen. Considering that the bullish trend was long enough, it is highly likely that the Euro will go into correction, after which it will restore its growth again.