FXstreet.com (Córdoba) - The Dollar is recovering across the board after a weak start of the Asian session. Greenback is back on top of the opening levels testing important support / resistance zones. EUR/USD rebounded at 1.4735 and fell to 1.4710. The pair is still moving sideways. On the downside the next support lies at 1.4700/05 and below at 1.4680.
The Forex.com Research Desk affirms: EUR/USD also failed to elicit much fan-fare as the pair rallied to a session high by 1.4760/65 but crumbled back towards the 1.4720 area ahead of the close. We would expect further downside pressure if we break back below 1.4675 here short-term.