FXstreet.com (Buenos Aires) - First Asian hours are developing with no much movements in forex market, as majors remain mostly in range, waiting for next cue to trigger a market reaction; local stocks markets have no support from Wall Street, that close barely negative, favoring more consolidation during next hours.

EUR/USD quotes around 1.4960, capped under the 1.5000 level despite intraday recovery; resistances in the pair come at the 1.5020 area, and above the yearly high of 1.5062. Pound fell to an intraday low of 1.6710 against greenback before recovering some ground to current 1.6740 area, far from daily high. Under mentioned zone, next supports for the pair come at 1.6640/60 area, and then 1.6100/10.

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