FXstreet.com (Barcelona) - Euro reversal from 1.5000 area, was held at 1.4805 low during U.S. session, and the pair has rallied on Asian trade, to reach levels above 1.4900 at the moment of writing, with the pair hitting a session high at 1.4905 so far.

The Euro lies at the moment at 1.4900/10 resistance area, and, in case of further recovery, next resistance level could be at 1.4940/50 (Nov 10/11 low) and 1.4970. On the downside, support levels lie at 1.4860/70 session lows, and below here, 1.4805 (Nov 5 low) and 1.4770.

EUR/GBP decline from Monday's peak at 0.8980 extended on Tuesday to a fresh 2-month low at 0.8830, and the pair attempted to pick up during Asian session, but, capped at 0.8865, has remained trading in a range from 0.8850 to 0.8865. Resistance levels lie at 0.8895 and 0.8950. Support levels are 0.8830 and 0.8755.

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