FXstreet.com (Buenos Aires) - EUR/USD Current Price: 1.4652. Pair remains consolidating in range, just under key 1.4680 resistance area; with Nikkei slightly down at the opening, pair rises seem limited for the next few hours, as above mentioned level, very close 1.4720 should also hold.
Bigger time frames show pair is slightly bearish, thus confirmations will come with at least a 4 hours candle opening under 1.4600 support zone. On the other hand, clear breaks above 1.4720, will confirm correction is confirm and pair should attempt a new up leg, said Valeria Bednarik, collaborator at FXstreet.com.
Support levels: 1.4640 1.4600 1.4580. Resistance levels: 1.4680 1.4720 1.4770.