FXstreet.com (Barcelona) - Euro's rebound on Friday's low at 1.4480 has extended on Tuesday's Asian session, as the Euro has broken above 1.4670/80 area to reach 1.4750 high at the moment of writing; 0.65% above its day opening price.

The Euro has just broken above 1.4720/30 resistance area, and, if the cross holds current levels, next resistances lie at 1.4760, and above here 1.4805 (Sept 24 high) and 1.4845 (Sept 24 high). On the downside, support levels lie at 1.4675/70, and below there, 1.4645 intra-day low and 1.4580 (Oct 5 low).

EUR/GBP continues trading upwards, and from 0.9140 support tested on Monday, the Euro has extended its rally to levels around 0.9220 at the moment of writing. On a wider perspective, we can se the Euro trading on an upward trending support line from Sept 11 low at 0.8725, although reaching overbought levels on daily charts. Resistance levels lie at 0.9225 and 0.9300. Support levels are 0.9135 and 0.9080.

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