Following Friday's U.S. Employment figure, the best in three years, risk taking returned to the marketplace. Additionally, the U.S. economy saw further signs of improvement after yesterday's ISM Non-Manufacturing PMI and Pending Home Sales reports. While risk taking caused the Euro to trade above the 1.3500 level throughout yesterday, it has since fallen almost 100 pips to its current level of 1.3430.

Forex Market Trends

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

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Weekly Trend

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Resistance1.34951.530094.801.07500.93000.8895
1.34751.528094.601.07300.92800.8875
1.34451.525094.301.07000.92500.8845
Support1.33851.519093.701.06400.91900.8785
1.33551.516093.401.06100.91600.8755
1.33351.514093.201.05900.91400.8735