FXstreet.com (Barcelona) - The Euro bounced on Monday at 1.6520 to rise to a fresh 9-month high at 1.4653 on U.S. session, to remain consolidating during Asian session, in a range from 1.4600 to 1.4650. At the moment of writing, the Euro trades at 1.4639; 0.25% above its day opening level.
Resistance levels lie at 1.4655 (Sept 14 high) , and above here, 1.4665/75 (trendline) and December 2008 high at 1.4720. On the downside 1.4600 level has offered support during Asian session, and below there, next support areas could be 1.4575 and 1.4500/15 (Sept 10/14 low).
EUR/GBP rally from Friday's low at 0.8725 peaked during Monday's Asian session at 0.8840,right at Sept 10 high and the Euro has pulled back to levels around 0.8785 ahead of the European session opening. Next support levels are 0.8750 and 0.8700. On the upside, resistance levels are 0.8815 and 0.8830.
