FXstreet.com (Barcelona) - The Euro is holding well at levels above 1.5000 as the downward correction seen on late U.S. session Friday was contained at 1.4980 area, to return above 1.5000 during Asian session, to trade in a range from 1.5025 to 1.5060.

On the upside, initial resistance area lies at 1.5060 (Intra-day high/ Oct 23 high), and above here, 1.5085 (Aug 11 08 high) and 16000. On the downside, support levels lie at 1.5010, and below here, intra-day low at 1.4980 and 1.4940 (Oct 22 low).

EUR/GBP rally from 0.9000 on Friday has extended during Asian session, to levels above Friday' high at 0.9215 to hit session high at 0.9240 before easing to levels around 0.9215 ar the moment of writing. Support levels lie at 0.9185 and 0.9160. Resistance levels are 0.9270 and 0.9335.

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