FXstreet.com (Barcelona) - The Euro is weakening further after its failed attempts to break above 1.5000 area, and negative stock markets, and the pair has lost already about 100 pips during the day, reaching 1.4900 support level at the time of writing.

In case of further decline,below 1.4900, next support levels lie at 1.4880 (Nov 16 low) and 1.4820 (Nov 13 low). On the upside, the Euro might find resistance at 1.4930/40 previous support, and above here, 1.5000 and 1.5015 (Nov 16 high).

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