FXstreet.com (Buenos Aires) - EUR/USD Current Price: 1.4275. Consolidating just under the 1.4300 level, hourly charts has a very slight bullish bias. Nikkei opened up 0.3%, supporting some risk appetite moves, while current candle opening above 20 SMA also support some upside movement for the next hours.
Bigger time frames show rally a bit exhausted, so some downside corrections could be seen, yet may hold above key 1.4250 area, to keep bullish bias intact, said Valeria Bednarik, collaborator at FXstreet.com.
Support levels: 1.4270 1.4240 1.4200. Resistance levels 1.4300 1.4330 1.4360.