Last week's trading was mostly characterized by the sharp change of trends in the market. The most notable trend reversal was of the Euro, which dropped during the beginning of the week, just to bounce back later on, due to speculations of a Greek rescue plan. The main question for this week's trading is whether the Euro will continue to recover, or will the EUR/USD pair will reach a new low.

Forex Market Trends

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

/

/

/

/

/

/

Weekly Trend

/

/

/

/

/

/

Resistance1.37151.556092.501.08250.90900.8890
1.36951.554092.301.08050.90700.8870
1.36651.551092.001.07750.90400.8840
Support1.36051.545091.401.07150.89800.8780
1.35751.542091.101.06850.89500.8750
1.35551.540090.901.06650.89300.8730