FXstreet.com (Buenos Aires) - With FED upbeat comments late in the U.S. session, Wall Street fell, giving some air to greenback that close a positive day against most rivals, and seems ready to extend such gains during next sessions. After a 5-day weekend, Japan stocks market will reopen today, and is expected to be under pressure, as well as the rest of regional markets, supporting more risk aversion and dollar upside.
Despite that, dollar bearish trend remains intact across the board, yet looking for the so needed correction after last weeks fall. EUR/USD quotes at 1.4708, with immediate support around 1.4670 area, ahead of stronger 1.4620 level; as long as under 1.4735 chances remain to the downside. GBP/USD at 1.6330, has to break under 1.6300, 20 SMA in 4 hours charts, to extend the downside movement to 1.6250 area ahead of 1.6210.