The U.S. Dollar saw some major gains on the Euro last night. The pair went as low as 1.3500 before rebounding to its current level of about 1.3540. Today, Fed Chairman Ben Bernanke is scheduled to testify before the U.S. Congress, an event likely to create heavy market volatility throughout his testimony and in the minutes after.

Forex Market Trends

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

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Weekly Trend

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Resistance1.36401.555591.251.09200.90000.8850
1.36001.551590.851.08850.89750.8825
1.35651.548090.501.08500.89500.8800
Support1.35001.540589.751.07950.89000.8735
1.34701.538089.401.07500.88750.8700
1.34301.533589.051.07150.88500.8675