EURO against USD pair have seen some low after the year starts at high note of 1.23 price area, but unexpectedly it down to 1.19 area on Jan end, from there this pair movement can explain as slightly bullish month so far, and formed a bullish wedge pattern on feb, This week price action suggest that it may look to 1.22 area, and it never misses to give some clue to how the march will go for this pair