FXstreet.com (Buenos Aires) - EUR/USD Current Price: 1.4985. Pair remains ranging despite spikes seen after late U.S. session Bernanke's comments, yet with a clear bullish perspective for next hours. With hourly indicators flat.
The bias is favored not only by rising gold and stocks, yet also by bigger time frames indicators: 4 hours charts remain bullish, so pair needs to confirm above 1.5020 static resistance area, to extend the rally above1.5062, yearly high, said Valeria Bednarik, collaborator at FXstreet.com.
Support levels: 1.4950 1.4920 1.4880. Resistance levels: 1.5010 1.5060 1.5100.