FXstreet.com (Buenos Aires) - EUR/USD Current Price: 1.4874. Pair is holding inside past week range, still contained under the 1.4900 level, with a slightly bullish perspective in the hourly chart, as both momentum and CCI are close to cross the mid line, while current candle opened above 20 SMA.
However, moving averages remain flat to confirm a bias, while pair has a gap from Friday's close around 1.4840, first support for today. If this gives up, expect the pair to approach to next key support around 1.4800, said Valeria Bednarik, collaborator at FXstreet.com. To the upside, pair needs to regain the 1.4930 level, to gain some upside momentum.
Support levels: 1.4840 1.4800 1.4760. Resistance levels: 1.4890 1.4925 1.4970.