FXstreet.com (Barcelona) - Dollar rebound from Asian session low at 88.90 has extended during European morning through 90.00, and the pair, right now trading around 90.25, eyes Thursday high at 90.35.

In case of breaking above 90.35 (Dec 17 high), next resistance levels come at 90.75 (Dec 3 high) and 90.85 (Nov 5 high). On the downside, below 90.00, next support levels lie at 88.60 (Dec 15 low) and 88.30 (Dec 14 low).

According to Alex Rudolph, technical analyst at Commerzbank, a break above 90.35 is unlikely: A, for Friday not expected, break above it will have the current December 90.78 high point in view.

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