FXstreet.com (Buenos Aires) - EUR/USD Current price: 1.4350. Consolidating around the 14.6% retracement of the last daily fall, pair has gained some downside momentum late U.S. session, mounted on falling gold price that end the day under $ 1100/oz, and positive American data.
Regional stock markets have a slightly negative cue with U.S. stocks breaking 6-day winning streak, yet likely to remain in tight ranges. Between 1.4320/1.4360, pair has a bearish perspective for next hours, supported by both 1 and 4 hours indicators with price back under 20 SMA in mentioned timeframes, said Valeria Bednarik, collaborator at FXstreet.com.
Support levels: 1.4320 1.4280 1.4250. Resistance levels: 1.4365 1.4410 1.4450.