The euro at 1.3028 on Tuesday marked a new high at first in the current upward trend against the U.S. dollar, could eventually hold about $ 1.30 but not in the course and fell back to below $ 1.29. Based on the daily chart, is now again before a reversal bar, who would now be followed by a correction. Possible price targets would then be initially $ 1.28 as well as the recent uptrend line in the H4 chart. In this time frame, the currency pair is already evident in the correction phase and is now hovering in the $ 1.29 support. Impetus for the further price development or increased volatility could now bring the following dates with the economy:
16:00 U.S. Fed Chairman Bernanke speech
16:30 U.S. EIA oil market report (week)

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