FXstreet.com (Barcelona) - Euro bounce on Friday's low at 1.4190 extended on Tuesday, as the Euro rallied from levels around 1.4330 to hit a fresh 2009 high at 1.4535 during U.S. session. The Euro has remained above 1.4475 during Asian session and, at the moment of writing the pair trades at levels right above 1.4500.

At the moment, initial resistance lies at session high 1.4515, and above here 1.4535 (Sept 8 high) and 1.4550/70 projection. On the downside, initial support level lies at 1.4460/75, and below here, 1.4405 (Aug 27 high) and 1.4365/75 (Aug 21,25 and 31 highs).

EUR/GBP decline from 0.8780 on Tuesday's European session, found support at 0.8730, and the Euro rallied back to reach 0.8790 high on U.S. session time and retreat afterwards to Asian session low at 0.8760. Support levels, lie at 0.8735 and 0.8700. Resistance levels are 0.8795 and 0.8840.

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