FXstreet.com (Buenos Aires) - Euro continues well bid pushing above daily high against dollar, after the euro zone's economic contraction slowed more than expected in the second quarter, and mounted on positive sentiment that's pushing European stocks and U.S. futures strongly up.

Above 1.4290/1.4300, next resistance level comes at 1.4340 previous strong congestion zone. If cleared, pair could attempt a run to 1.4380, next resistance level to consider, as technically 4 hours charts support the bias. Only under 1.4230 pair could start a downside correction movement, that should remain capped by strong 1.4180/1.4200 support zone.

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