The U.S dollar recovered versus the EUR on Wednesday after a swift move lower by the Swiss franc against both currencies. The EUR reversed its earlier gains as European shares fell, with concerns that Euro Zone debt problems would stifle the region's economic growth, keeping investors averse to risky assets.

Forex Market Trends

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

Daily Trend
no
down
no
down
down
no

Weekly Trend
down
down
no
down
down
no

Resistance
1.2044
1.4532
92.40
1.1618
0.8318
0.8367

1.2014
1.4502
92.10
1.1588
0.8288
0.8337

1.1984
1.4472
91.80
1.1558
0.8258
0.8307

Support
1.1922
1.4407
91.50
1.1500
0.8175
0.8247

1.1892
1.4377
91.20
1.1470
0.8145
0.8217

1.1862
1.4347
90.90
1.1440
0.8115
0.8187