The dollar rallied yesterday around renewed sovereign debt fears in Greece and traders taking a hard look at when the Fed will begin to tighten U.S. monetary policy. A glut of European data releases will be driving trading into the weekend. With the holidays and New Year approaching, today's volatility may become a factor as trading desks begin to thin out.

Forex Market Trends

 EUR/USDGBP/USDUSD/JPYUSD/CHFAUD/USDEUR/GBP
Daily Trendnodowndowndownnoup
Weekly Trenddowndownupupdowndown
Resistance1.44601.625090.551.05000.89600.8970
1.44401.623090.351.04800.89400.8950
1.44101.620090.051.04500.89100.8920
Support1.43501.614089.451.03900.88500.8860
1.43201.611089.151.03600.88200.8830
1.43001.609088.951.03400.88000.8810