Forex: EUR/USD: Euro, edges up to session high at 1.4285

By @ibtimes on

FXstreet.com (Barcelona) - The Euro is testing the top of Asian session range, at 1.4285, after having remained consolidating in a 30 pip range above 1.4255, following a pick up from 1.4185 on Wednesday's U.S. session.

Initial resistance area lies at 1.4295/00 (Sept 2 high), and above here 1.4310/45 congestion area and 1.4390 (Aug 28 high). On the downside, initial support lies at 1.4245/55 session low, and below here, 1.4224 and 1.4190 (Sept 2 low).

EUR/GBP has given away during Asian session, all the ground gained during U.S. trading as recovery from Wednesday's low at 0.8745 reached its peak at 0.8785 and treturned during Asian session to levels around 0.8750. The pair lies now at support area 0.8745/50 intra-week low, and below here, next support lies at 0.8700/10. Resistance levels are 0.8795 and 0.8840.

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