FXstreet.com (Córdoba) - Dollar weakened across the board in the last hour and moved away from the highs of the day. EUR/USD rebounded at 1.4770 (intra-day low) and rose back above 1.4800. Currently it trades at 1.4815/18, 0.40% below today's opening price. Dollar is rising for the third consecutive day but moved away from intra-day highs. Above 1.4820, the next resistance lies at 1.4835.
The ecPulse.com analysis team affirms: The euro-dollar pair is so far narrow-trading but is expected to rise on the four-hour and one-hour stochastic oscillator, having the Union currency trading around 1.4786 recording a high of 1.4926 and a support at 1.4769 with a resistance at 1.4883 and a support at 1.4664.