FXstreet.com (Barcelona) - The Dollar declined yesterday against the euro, in a rather expected move, according to Cornelius Luca, economist at Global Forex Trading: Euro/dollar surged to a two-week high on Tuesday. The pair should attempt to pad its gains today, but the pace of the upmove should decelerate. Resistance and support levels, according to Luca, stand as follows: Initial resistance remains at 1.4765. Above it, resistance remains at 1.4800 and 1.4835. Immediate support is at 1.4685. Below 1.4615, there is further support at 1.4565.
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