FXstreet.com (Buenos Aires) - EUR/USD Current Price: 1.4964. Despite a new failure attempt to break above 1.5000, pair holds close to daily highs and above 1.4930, past Friday's high and first support level to consider for the next hours. With strong stocks gains, risk appetite likely to extend during current session pushing the pair higher, with 1.5000/20 as key level to watch to the upside, as only clear confirmations above that level could trigger some upside momentum in the pair.
In the mid time, hourly indicators had turned slightly bearish while 4 hours charts ones had lost upside strength. Only a break under 1.4880 support will discourage risk sentiment and trigger further falls in the pair, said Valeria Bednarik, collaborator at FXstreet.com.
Support levels: 1.4930 1.4900 1.4880. Resistance levels: 1.5020 1.5060 1.5100.