FXstreet.com (Buenos Aires) - EUR/USD Current Price: 1.4248. Pair spent the last few hours consolidating close to daily highs and with Nikkei opening 0.5% up, pair is set to continue rising during Asian hours. Above 1.4266 yesterdays high, pair could extend rally to the 1.4300 level.

Hourly indicators remain bullish yet rally looks over extended: expect some downside short correction before any stronger upside run, said Valeria Bednarik, collaborator at FXstreet.com.

Support levels: 1.4220 1.4190 1.4140. Resistance levels 1.4268 1.4300 1.4340.