FXstreet.com (Barcelona) - The Euro has been rising today's Asian session against the Greenback inside a recovery movement from intraday low at 1.3435 in the early session to test 1.4390/1.4400 zone.

Currently the pair is trading around 1.4375/85, above opening price action at 1.4370.

EURUSD, bears are controlling the situation below ex-support at 1.4466 price level. Says omas Cedavicius, chief technical analysis at Investija.com, It looks like bears are heading towards another significant barrier at 1.4295. A breakout by this level, can initiate strong negative trend. For now, waiting action remains, possible formation of consolidation.

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