FXstreet.com (Barcelona) - The Euro has begun to fall again today's European session in its trade with the Dollar at 1.4880 resistance after trying to recover from intra-day low at 1.4840. The EUR/USD is currently trading around 1.4855/65, after falling more than 150 pips from yesterday high at 1.4990 to set today's low at 1.4840 and reaching 0.65% daily losses from opening price action.

George Clement, analyst at Swiss e trade, comments: Currently testing a support level around 1.4850, the pair lost ground in this European morning and is currently trading at 1.4870. We see a moderate upmove for today in the making, testing areas around 1.4940.

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