FXstreet.com (Buenos Aires) - EUR/USD Current Price: 1.4602. In a quiet session with Nikkei up 1.2 points at the opening, pair remains in a tight range, likely limited between 1.4580/1.4630 area; with hourly indicators pointing to the downside yet far from clear signals, downside seems limited by 20 SMA still bullish acting as dynamic support.
Confirmations above daily 20 SMA along with a descendant trend line around 1.4630, could trigger some upside momentum in the pair, as long as stocks remain in positive territory, said Valeria Bednarik, collaborator at FXstreet.com.
Support levels: 1.4580 1.4550 1.4515. Resistance levels: 1.4630 1.4660 1.4690.