FXstreet.com (Barcelona) - The Euro has picked up on risk appetite and, after having retreated to 1.4560 low before the release of U.S. data, the Euro has been rallying during U.S. and Asian session to hit a fresh 9-month high at 1.4695 with December high at 1.4720, on sight.

At the moment, the Euro is setting an assault to 1.4588 resistance area, and, above here, next resistances lie at 1.4720 (Dec 13 high) and 1.4740. On the downside, support levels are 1.4640/50, and below here, 1.4625 and 1.4560 (Sept 15 low).

EUR/GBP bounced yestyerday at 0.8770, and the pair extended rally during Asian trading hours toreacjh a fresh 4-month high at 0.8930. On a wider perspective, the Euro has rallied steadily from 0.8455 low on August 6. Resistance levels lie at 0.8960 and 0.9000. Support levels are 0.8885 and 0.8840.

.