The short-term outlook for the EUR/USD currency pair is slightly bullish, FX Street averred as European foreign exchange trading opened on Monday (September 28th).Although the currency dropped to a two-week low of $1.456 in this morning's Asian session, the contract was trading back above $1.46 as European activity picked up.The KBC Market Research Desk anticipates that the contract will be tested at $1.4611, while support will be found between $1.4561 and $1.4554 today.Daily FX was also cautiously upbeat about prospects for the euro this week, giving the currency a neutral rating ahead of a slew of economic data due to be published over the next four days.German manufacturing, consumer price index and retail sales figures are all due out this week, as are figures from Eurozone Economic Confidence Survey, which are expected to show measured improvement in sentiment throughout the region.Reflecting on the poor performance of the currency last week, the site commented: "The euro remains in fairly well-defined 6-month uptrend, and we would hardly argue that several days of declines signal that it has set a major top."