Dollar Sentiment Down on Recovery Concerns

  @ibtimes on

Dollar remained mainly within range against the EUR Tuesday, however, Dollar sentiment dampened after statements from the Federal Reserve saying they believe the economy is going to recover at a slow pace and that unemployment will remain high well into 2011.

  • Forex Market Trends

 
EUR/USD
GBP/USD
USD/JPY
USD/CHF
AUD/USD
EUR/GBP

Daily Trend

Weekly Trend

Resistance
1.5050
1.6725
89.10
1.0160
0.9340
0.9082

1.5020
1.6675
88.90
1.0130
0.9305
0.9058

1.5000
1.6650
88.70
1.0110
0.9280
0.9040

Support
1.4940
1.6560
88.20
1.0045
0.9220
0.8997

1.4920
1.6530
87.95
1.0030
0.9185
0.8970

1.4890
1.6500
87.60
1.0005
0.9150
0.8950

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