FXstreet.com (Barcelona) - The Dollar has continued appreciating during Asia as risk appetite waned, and EUR/USD decline from 1.4415 high on Tuesday extended to levels below 1.4200, with the Euro hitting a 5-month low at 1.4165.

At the moment, the Euro trades right above 1.4200, with next support levels at 1.4165 session low, and below here, 1.4130 and 1.4100 (psychological level). On the upside, initial resistance lies at 1.4230, and above here, 1.4250/60 (an 19 low), and 1.4300/10.

EUR/GBP has extended its steady downward slope from Jan 12 high at 0.9030 to levels below Tuesday's low at 0.8714, to reach prices below 0.8700 for the first time since the end of August 25. Support levels lie at 0.8680/90 and 0.8655. Resistance levels are 0.8715 ad 0.8740.

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