FXstreet.com (Barcelona) - Euro rally from 1.4675 low on Monday has extended further during Asian session, with the Euro breaking above Wednesday's high at 1.4945 to reach a fresh 13-month high 1.4965 so far, approaching 1.50 psychological level.

Initial resistance for the Euro could be located at 1.4980 (Aug 13 08 high), and above here,at 1.5000 and 1.5035. On the downside, support levels lie at 1.4920, and below here, 1.4865/70 and 1.4835 (Oct 14 low).

EUR/GBP remains trading in a range from 0.9295, to 0.9350 on the upside, consolidating after its decline from 0.9410 high on Tuesday. At the moment of writing, the Euro is testing range floor at 0.9295, below here, next support lies at 0.9275. On the upside, resistance levels are 0.9360 and 0.9410.

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