FX : EUR/USD: Euro rebound on 1.4480 extends to 1.4645
The Euro has continued trading upwards during Monday's Asian session extending rebound on Friday's 3-week low at 1.4480 to test October 2 high at 1.4645 which is under pressure at the moment of writing.
In case of further appreciation, above 1.4645, next resistance levels lie at 1.4675/80 (Sept 30/Oct 1 high) and 1.4725/30 (28 and 25 Sept highs). On the downside, initial support levels come at 1.4620, and below there, 1.4580 (intra-day low) and 1.4560.
EUR/GBP decline from 0.9200 high on Friday, has extended during Asian session to 0.9139 session low. On a wider perspective, the Euro remains in the range from 0.9075 to 0.9210, where it has been since Sept 29. Resistance levels are 0.9210 and 0.9225. Support levels are 0.9135 and 0.9080
