This week the Euro hit a 3-1/2 month high against the dollar.

The single currency enjoying  support after official data showed the eurozone's industrial production index rose for the third consecutive month in April.

But it’s been a volatile few days as investors continue to seek direction from the world's central banks over stimulus measures.    So where is the Euro heading now?

Ian coleman of Pia trading thinks we will see further downside. He is selling the Euro/Dollar at the market, and says it could fall to around 1.3231