FXstreet.com (Buenos Aires) - Despite the U.S. holiday, Wall Street futures are strongly up reaching fresh yearly highs, ending dollar down across the board. Commodities also rose strongly, with gold above 1050/oz and crude around $ 72.00 a barrel, supporting current dollar bearish rally. EUR/USD reached 1.4800 level before retreating slightly to current 1.4790 zone still bullish in hourly charts. Above 1.4817, past week high, pair can accelerate current momentum and extend the rally to 1.4842 yearly high. Under 1.4770, consider supports at 1.4730 and 1.4680 area, not seen at this point.
EUR/GBP hit a seven-week high of 0.9374 and consolidates close to that level, due to Pound weakness; resistances for the next hours came at 0.9400 area ahead of 0.9420 stronger resistance. Under 0.9350, supports come at 0.9325 and 0.9300 area.