I am new to trading, and I am just learning to trade this pair, so I am just curious. There was the fed tapering in which the Fed said they would still taper, but just not now, if I am correct. And then there was the job claims and housing starts this week which did disappoint slightly. The pair went into a downtrend despite the disappointing job claims. Do you guys think it will continue to trend down against the euro or will it make a rally?