eFXdata reports that CitiFX Technicals discusses EUR/USD long-term outlook and flags a scope for a move into 1.40 in 2021.

"A 3 rd bullish outside year (Potentially) in the history of floating exchange rates will come on a yearly close above 1.1570. This also comes off long-term trend line support from 1985". 

"Yearly momentum is turning up and crossing over from levels only seen twice before- 1986, 17 years later in 2003 and 17 years later in 2020... The 2002-2004 move was a mere 60%."