FXstreet.com (Barcelona) - The Euro has risen around 65 pips in the last hour from 1.4855 to break 1.4890 resistance and MA55 periods in hourly chart at 1.4900 and test MA100 hourly at 1.4920. Currently the pair is trading around 1.4910/20, on consolidation mode and losing 0.35% so far today from opening price action at 1.4963.

Valeria Bednarik, Fxstreet.com collaborator, affirms: Holding under 1.4880, pair lack of definitions is clear in the daily charts, with 20 SMA flat and price moving between 1.4800/1.5000 since past Thursday; daily ascendant trend line, today a bit above static support area at 1.4740, remains first key support for the pair, followed by 1.4610, 61.8% of the monthly fall 1.6038/1.2330, also neck of the probable double roof formed at 1.5050 area.

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