The euro market is from a technical perspective and based on the daily charts in the very advanced stage of a downward movement. This downward trend in May this year, marked his debut on October 4 at $ 1.3145 its lowest point so far. With the day's low of $ 1.3212 last Friday, the market is so close to a potentially significant extreme value. Assuming the continuation of the downward trend as the most likely scenario, could accelerate this as soon as the courses are traded at the $ 1.3145. Before that, he is still the 1.32-mark to take the opening trade with the new week proves initially as a serious support and caused the market to correct. The trade was opened with a gap up above the $ 1.33. Impetus for the further price development and increased volatility are possible today with the following industry events:
10:00 EU money supply euro zone in October
Gfk consumer sentiment 13:00 DE
16:00 U.S. new home sales in October

EURUSD 11/28/2011 - daily

EURUSD 11/28/2011 - H4