The Dollar continued to drop against the Euro yesterday, mainly due to speculations regarding a possible rescue plan for Greece. As a result, crude oil and precious metal rose as well. However, today at 15:00 GMT Fed Chairman Bernanke is expected to deliver a speech, on which he will most likely refer to the Fed's intentions regarding U.S. monetary policy. Harsh volatility is expected to take place during his speech, and traders are advised to be prepared.

Forex Market Trends

 EUR/USDGBP/USDUSD/JPYUSD/CHFAUD/USDEUR/GBP
Daily Trend

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Weekly Trend

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Resistance1.38331.575489.471.07650.89360.8864
1.38031.572489.171.07350.89060.8834
1.37731.569489.871.07050.87760.8804
Support1.37101.563089.241.06390.87110.8740
1.36801.560088.941.06090.86810.8710
1.36501.557088.641.05790.86510.8680