FXstreet.com (Barcelona) - EUR/USD rally has capped at 1.2660 resistance level to drop back about 80 pips during Thursday's Asian session. At the moment of writing, ahead of European session opening, the Euro is trying to regain 1.2600.

Below there, next support area remains at 1.2550, and below here the Euro could find minor support at 1.2500/15, and then yesterday's three-month low at 1.2460.

Above 1.2600, the Euro would have 1.2660 at sight, and once over there the pair would be at intra-week high and on its way towards 1.2700 and 1.2750 (Feb 27 high)