FXstreet.com (Buenos Aires) - EUR/USD Current Price: 1.4333. Pair remains consolidating between 1.4300/1.4340 as posted on previous update, despite Nikkei 225 positive upside opening. With hourly charts pointing to the downside, and 4 hours indicators mostly flat; hovering around 20 SMA now flat, pair seems to have lost upside momentum, yet clear movements under 1.4310 must be seen to confirm some bearish bias for next hours.
Above 1.4345 area, expect the pair to extend gains close to the 1.4400 level, said Valeria Bednarik, collaborator at FXstreet.com.
Support levels: 1.4310 1.4280 1.4250. Resistance levels: 1.4345 1.4385 1.4445.