The euro market is from a technical perspective and based on the daily charts in the movement phase of a downward trend, which dissolved on Wednesday a series of internal rods down and finally marked a new low of $ 1.3427. The courses are now trading significantly below a 61.8% Fibonacci levels, suggesting at first for a sustained weakness. Including testing of the 1.35 mark it, then the downward trend experienced in the child-H4 chart a reaffirmation by the previous motion low (point 2) was not reached at $ 1.3484. $ 1.35 should be abandoned in the course finally, to find more support as the starting point for corrections, mainly on the round course marks, first with 1.34 and $ 1.33. Impetus for today's trading and increased volatility are possible with the following economic and speech events:
14:30 U.S. housing starts in October
14:30 U.S. residential building permits in October
14:30 U.S. Weekly Jobless Claims (week)
16:00 U.S. Philadelphia Fed Index November
18:50 U.S. FOMC Member Dudley speaks

17.11.2011 EURUSD - daily

EURUSD 11/17/2011 - H4