Following the U.S. Non-Farm Payrolls publication on Friday, the Dollar and the Yen resumed their bullish trend. As a result, the Euro saw a 9-year low against the Yen, as the EUR/JPY pair dropped to the 108.06 level. This week's trading will continue to be influenced by the European debt crisis that doesn't provide signals of recovery. Can the Euro drop further?

Forex Market Trends

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

Daily Trend
up
down
up
down
up
up

Weekly Trend
no
no
up
up
up
up

Resistance
1.2000
1.4530
92.35
1.1760
0.8250
0.8350

1.1970
1.4495
92.00
1.1730
0.8220
0.8320

1.1940
1.4465
91.70
1.1695
0.8185
0.8285

Support
1.1870
1.4400
91.00
1.1625
0.8120
0.8220

1.1840
1.4370
89.70
1.1590
0.8090
0.8190

1.1810
1.4340
89.35
1.1560
0.8060
0.8160