FXstreet.com (Barcelona) - Euro rally from levels around 1.4330 low ahead of the European session, has capped at 1.4499 high, and the pair has retreated to 1.447580 area, where the upward trend resistance line from Aug 13 high, at 1.4325 lies.

At the moment, the Euro remains moving in a range from 1.4475 to 1.4500, and above here, next resistance area lies at 1.4520 and 1.4550. On the downside, below 1.4475, next support levels come at 1.4440/50, and then 1.4405 and 14345/60.

According to the ecPulse.com analysis team the Euro could attem0pt further climbing, as long as 1.4300 support remains in place: The pair is steadily rushing to the upside, where we expect more upside moves over intraday basis, in an attempt to achieve the main target at 1.4650; while it is vital that 1.4300 remains intact, to achieve these expectations.