FXstreet.com (Barcelona) - Euro rebound at 1.4525 low on Tuesday has extended above 1.4645 resistance area as the Euro stretched to 1.4675 high on the back of the decline of ECB's lending.

European Central Bank released on Wednesday its allocation of EUR75.241 billion at its second-ever 12-month refinancing tender, a level sharply lower than the EUR442.241 billion allocated on the first tender in June.

The Euro trades now at 1.4665, with next resistance levels at 1.4675/80, and above here, 1.4720/25 (Sept 25/28 high) and 1.4750. Support levels lie at 1.4580, and once below here, 1.4525 (Sept 29 low) and 1.4500 (Sept 10 low).

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