FXstreet.com (Barcelona) - The Euro dropped during U.S and Asian sessions after peaking on Thursday at 1.4348, to find support at 1.4235, giving away all the ground gained on Thursday, and has remained trading between here and 1.4265, before edging up to 1.4270 ahead of the European session opening.

Initial resistance area lies at 1.4280 congestion zone, and above here, the Euro could find resistance at 1.4300 and then 1.4348 (Sept 3 high). On the downside, the Euro has found support today at 1.4235, and below here, next support levels could be at 1.4225 and 1.4190 (Sept 2 low).

EUR/GBP has been consolidating between 0.8720 to 0.8735 during Asian session after decline from 0.8780 high on Thursday to week low at 0.8720. Resistance levels lie at 0.8735 and 0.8755. On the downside, support levels are 0.8720 and 0.8700.

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