FXstreet.com (Barcelona) - The Euro has stretched lower, moments ahead of the European markets opening and broke below Asian trading range from 1.4810 to 1.4770, reaching a fresh intra-day low at 1.4755.

If the Euro confirms its move below 1.4770, next support level could be at 1.4720/25, and then, 1.4700 (Nov 2 low). On the upside, initial resistance lies at 1.4810 (Asian session top) and above here, 1.4845/60 (Oct 28, 29, 30 and Nov 2 highs) and above here, 1.4925 (Oct 27 high).

EUR/GBP rose on Monday from levels right above 0.8950 to 0.9050 high, to ease afterwards and, after finding support at 0.9000 the pair has picked up during Asian session, to reach 0.9040 at the moment of writing. Resistance levels lie at 0.9050 and 0.9075. Support levels are 0.8960 and 0.8910.

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