FXstreet.com (Buenos Aires) - EUR/USD Current Price: 1.4637. Pair starts the Asian session consolidating at the yearly highs, as bullish trend lead by sentiment remains intact in the pair. Well above 20 SMA both in 1 and 4 hours charts, momentum keeps showing some bearish divergences in 4 hours charts, yet no other signs of downside movements yet.
Nikkei opening up 0.5% support risk appetite for current session, so expect the pair to break above yesterdays high to gain stronger momentum, said Valeria Bednarik, collaborator at FXstreet.com.
Support levels: 1.4605 1.4550 1.4510. Resistance levels: 1.4650 1.4680 1.4720.