FXstreet.com (Barcelona) - EUR/USD recovery from 1.4685 has been capped at 1.4800 on early U.S. session and the Euro has given away all the ground taken during European session, falling to 1.4680 low after disappointing Existing home sales.

On a wider perspective, Valeria Bednarik observes the Euro biased to the upside while above 1.4680: Pair seems to be in a consolidation stage, waiting for next trigger to come. Above 1.4830, pair could resume uptrend while only under 1.4680 correction to the downside could extend.

Support levels, lie at 14685, intra-day low, and below here, 1.4650/60 and 1.4605 (Sept 21 low). Resistance levels lie at 1.4760, and above here, 1.4800 intra-day high and 1.4820/25.

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