FXstreet.com (Barcelona) - Euro decline from 1.4770 area on Friday found support at 1.4600 and the Euro bounced up during Asian session to reach 1.4685 high where the Euro found resistance, which is being tested at European session opening times.

The Euro is struggling now with resistance area at 1.4675/90 (last week's range floor), and above here, next resistance levels are 1.4720/30 intra-day resistance, and 1.4760 (Dec 10 high). On the downside, support levels lie at 1.4585/00 (session low), and below here, 1.4550 and 1.4480 (Oct low).

EUR/GBP decline from 0.9070 high on Friday found support at 0.8980, and the pair has been going through a choppy trading Asian session bouncing back and forth between 0.8990 and 0.9030/50. Support levels lie at 0.8980/90 and 0.8950. Resistance levels lie at 0.9035 and 0.9050.

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