FXstreet.com (Barcelona) - The Euro rallied again on Friday to close the week in a three-week high, Cornelius Luca, economist at Global Forex Trading, expects some weakness for today: It's been marching higher since February 8 and my model went long on February 14. But the pair is slightly overbought, so Monday should see some weakness. Resistance and support levels, according to Luca, stand as follows: Initial resistance is at 1.4875. Above it, resistance comes at 1.4966 from a pivot high. Immediate support is at 1.4790. Below 1.4765, there is further support at 1.4715. The next level is 1.4640.
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