FXstreet.com (Buenos Aires) - EUR/USD approaches to 1.5015 level after the publication of Chicago Fed's index, showing that the U.S. economy may have slipped out of recession in September, though its closely-watched National Activity Index actually lost ground in September. Indicators both in 1 and 4 hours charts turned slightly bearish at this point, yet market players likely to be waiting for U.S. indexes before taking decisions.

Under 1.5015 immediate supports come at 1.4996, ascendant trend line coming from the 1.4480 of past October, and 1.4970 zone. To the upside, key resistance lies at 1.5060 year high, followed by 1.5100 zone and 1.5155, 78.6% retracement of the monthly fall 1.6038/1.2330.

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