FXstreet.com (Buenos Aires) - Despite risk aversion movements, triggered during past Asian session, EUR/USD failed to follow trough after reaching an intraday low of 1.4842, and returned to consolidate above the 1.4900 level. Hegemonic currency close the day losing against its American rival, still inside past week range.
Currently quoting at 1.4915, pair has supports from next hours at the 1.4880 area that gave the pair a hard time to upside, followed by 1.4842, past Thursday low. Resistances lie at 1.4940 area, ahead of 1.4980/1.5000 zone.
Meanwhile local stocks market are expected to fall, after Wall Street loses, keeping risk appetite subdue for the next hours, favoring more rises in safe haven as dollar and yen.