INO.com FOREX quotes are real-time, above table displayed as bid over ask. View major spot prices.

The March Dollar closed lower on Wednesday due to profit taking as it consolidated some of this week's rally but remains above the 20-day moving average crossing at 82.81. A short covering rally tempered early losses and the mid-range close sets the stage for a steady opening on Thursday. Stochastics and the RSI remain bullish signaling that sideways to higher prices are possible near-term. If March extends this week's rally, broken support crossing at 85.34 is the next upside target. Closes below the 10-day moving average crossing at 82.43 would temper the near-term friendly outlook in the market. First resistance is Tuesday's high crossing at 84.98. Second resistance is broken support crossing at 85.34. First support is today's low crossing at 82.47. Second support is last week's low crossing at 80.43.

The March Euro closed higher due to short covering on Wednesday as it consolidated some of this week's decline but remains below the 20-day moving average crossing at 137.443. The mid-range close sets the stage for a steady opening on Thursday. Stochastics and the RSI remain bearish signaling that sideways to lower prices are possible near-term. If March extends this week's decline, broken resistance crossing at 132.350 is the next downside target. Closes above the 10-day moving average crossing at 138.443 are needed to confirm that a short-term low has been posted. First resistance is the 20-day moving average crossing at 137.443. Second resistance is the 10-day moving average crossing at 138.443. First support is Tuesday's low crossing at 132.830. Second support is broken resistance crossing at 132.350.

The March British Pound closed higher on Wednesday as it extended Tuesday's rally above the 20-day moving average crossing at 1.4847. The high-range close sets the stage for a steady to higher opening on Thursday. Stochastics and the RSI have turned bullish signaling that sideways to higher prices are possible near-term. If March extends this week's rally, December's high crossing at 1.5700 is the next upside target. Closes above the reaction high crossing at 1.5700 are needed to confirm that a trend change has taken place. Closes below last week's low crossing at 1.4329 would renew the decline off December's high. First resistance is today's high crossing at 1.5272. Second resistance is December's high crossing at 1.5700. First support is today's low crossing at 1.4486. Second support is last Wednesday's low crossing at 1.4329.

The March Swiss Franc closed higher on Wednesday due to short covering as it consolidated some of this week's decline. The mid-range close sets the stage for a steady opening on Thursday. Stochastics and the RSI remain bearish signaling that sideways to lower prices are possible near-term. If March extends this week's decline, broken resistance crossing at .8495 is the next downside target. Closes above the 10-day moving average crossing at .9259 would temper the near-term bearish outlook in the market. First resistance is the 10-day moving average crossing at .9259. Second resistance is last Monday's high crossing at .9662. First support is Tuesday's low crossing at .8872. Second support is broken resistance crossing at .8495.

The March Canadian Dollar posted an inside day with a lower close on Wednesday as it consolidated some of this week's rally. The low-range close sets the stage for a steady to lower opening on Thursday. Stochastics and the RSI are bullish signaling that sideways to higher prices are possible near-term. If March extends the rally off December's low, November's high crossing at 87.05 is the next upside target. Closes below the 20-day moving average crossing at 82.08 are needed to confirm that a short- term top has been posted. First resistance is Tuesday's high crossing at 85.00. Second resistance is November's high crossing at 87.05. First support is the 10-day moving average crossing at 82.80. Second support is the 20-day moving average crossing at 82.08.

The March Japanese Yen closed higher due to short covering on Wednesday as it rebounds off support marked by the 38% retracement level of the August-December rally crossing at .10605. The high-range close sets the stage for a steady to higher opening on Thursday. Stochastics and the RSI are oversold but remain neutral to bearish signaling that sideways to lower prices are possible near-term. If March extends this week's decline, the 50% retracement level of the August-December rally crossing at .10331 is the next downside target. Closes above the 20-day moving average crossing at .11010 would temper the near-term bearish outlook in the market. First resistance is the 10-day moving average crossing at .10938. Second resistance is the 20-day moving average crossing at .11010. First support is Tuesday's low crossing at .10567. Second support is the 50% retracement level crossing at .10331.