FXstreet.com (Buenos Aires) - EUR/USD Current Price: 1.4685. Consolidating in a tight range, pair remains moving between 1.4660/1.4700 since late American session; with half Asia on holidays, seems unlikely to see much movement in majors during current session, yet the pair holds a slightly bullish perspective for next hours. Clear break above 1.4700/20 could trigger some upside momentum in the pair, with 1.4770 past week high as next resistance level to consider.
Strong support lies at 1.6440 under which, pair still has 1.4610 level to break to confirm downside movements during next sessions. 4 hours indicators also turned slightly bullish, yet flat 20 SMA around 1.4710 is capping the upside, said Valeria Bednarik, collaborator at FXstreet.com.
Support levels: 1.4640 1.4610 1.4580. Resistance levels: 1.4720 1.4770 1.4810.