FXstreet.com (Barcelona) - The Euro is going through a slight corrective pullback and, after a 200 pips rally in about 24 hours, the Euro has eased from 12-month high at 1.4822 to levels right above 1.4750/65 resistance area.

In case of further decline, below 1.4750/65 (Sept 17 highs), next support levels could be at 1.4725 and 1.4700. On the upside, initial resistance lies at 1.4825 intra-day high, and above here, 1.4865 (Sept 22 08 high) and 1.4905 (Sept 21 08 high).

EUR/GBP launched an attempt to break the top of the last day's range, at 0.9070, to extend its rally from 0.8721 high onn Sept 11, but the pair was capped at 0.9080. Resistance levels lie at 0.9080 and 0.9125. Support levels lie at 0.9035 and 0.9020.

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