FXstreet.com (Barcelona) - The Euro remains moving sideways between 1.4670 and 1.4780 after consolidating after its reversal from at 1.5140 area last week, and moving at 1.4745 at the moment of trading, in a low volume session.
For the upcoming sessions, the Swiss e Trade Strategy Team, foresees bullish breakout targeting levels above 1.4800: The pair continues to consolidate this European morning, with the market now priced at 1.4735. We expect an upmove to emerge today, first breaking the 1.4770 resistance and then the marks above 1.4800.
Resistance levels at 1.4760 (session high), and above here 1.4780 (Dec 9 high) and 1.4805. On the downside, support levels are 1.4690 session low, and below here, 1.4665/75 (Dec 9 lows) and 1.4625 (Nov 3 low).