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FX : EUR/USD: Euro bounces to levels above 1.4100
 
FXstreet.com (Barcelona) - Euro decline from 1.4300 high on Friday found support on Monday at 2-weeks low 1.4045 to pick up during Asian session and reach levels above 1.4100. At the time of writing, the Euro trades at levels around 1.4120.

On the upside, resistance levels lie at 1.4135 intra-day high, and above there, 1.4160 (Aug 14 low) and 1.4210. On the downside, initial support level could be 1.4090 (Aug 12 low), and below there, intra-day low at 1.4065 and Monday's low at 1.4045.

EUR/GBP rallied on Monday to reach a day high at 0.8650 and the pair turned down to decline during Asian session to levels right above 0.8600. On the longer perspective, the Euro continues its recovery from August 6 low at 0.8455. Support levels, today, lie at 0.8595 and 0.8570. Resistance levels are 0.8640/45 and 0.8655.
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