FXstreet.com (Barcelona) - Euro decline from session high at 1.4955 has found support at 1.4900 and the pair has rallied about 100 pips to re-test the top of the day's range at 1.4955 at the moment of writing.

If the Euro breaks above day-high at 1.4955, next resistance level will be 1.4970 (Oct 15 and 16 high) and above here, 1.4980 (Aug 13 08 high) and 1.5000.

On the downside, initial support level comes at 1.4900and below here, 1.4840/45 area (Oct 14,15 and 16 low), and 1.4790/00.l

.