FXstreet.com (Barcelona) - The Dollar has found support at 1.0860 on its decline from yesterday's high at 1.0945 and has bounced up past 1.0900 to test 1.0945 resistance level.

According to the ecPulse.com analysis team, the pair could rise to 1.1045, as long as 1.0850 remains intact: We expect the pair to incline on the short term targeting 1.1045 and 1.1120 respectively as far as 1.0850 remains intact on the four hour charts.

Resistance levels, according to the ecPulse.com analysis team, lie at 1.0885, 1.0935 and 1.0985. Support levels are 1.0850, 1.0765 and 1.0700.