FXstreet.com (Buenos Aires) - EUR/USD Current Price: 1.4874. Consolidating under 1.4880 area, pair has lost upside momentum, yet remains above key 1.4810 support area, that hold the downside; hourly indicators turned flat, suggesting not enough upside strength at this point, while price remains under 20 SMA that crossed 200 EMA also, also limiting further rises.
4 hours charts however, hold the bullish bias, as long as above mentioned key support zone, said Valeria Bednarik, collaborator at FXstreet.com. Pair needs either to regain 1.4920/40 area or clearly break under 1.4800/10 to define intraday trend.
Support levels: 1.4850 1.4810 1.4740. Resistance levels: 1.4910 1.4940 1.4990.