FXstreet.com (Buenos Aires) - EUR/USD Current Price: 1.4911. Losing upside momentum in the hourly, indicators had turned to the downside waiting for Nikkei opening, still far from giving signals. Current candle opening under 200 EMA favor further falls for next hours, yet gold and stocks will have the key of risk sentiment movements: further falls both in locals share markets and commodities, likely favor some dollar strength.
4 hours charts show pair still capped under 20 SMA and also with indicators losing momentum, also favoring the downside, said Valeria Bednarik, collaborator at FXstreet.com.
Support levels: 1.4880 1.4840 1.4810. Resistance levels: 1.4930 1.4960 1.5000.