Euro come under pressure past European session, having been hit but worse than expected economic data, and falling towards 1.4384, recovering some ground mid American session after FOMC Minutes forced dollar to gave back ground. Hourly chart shows the bearish tone persist in the pair capped by a strongly bearish 20 SMA and with indicators below their midlines, while 4 hours chart has the same tone. Only a recovery above 1.4480 may change the short term bias, and favor a recovery back towards the 1.4530 price zone.
Support levels: 1.4410 1.4380 1.4350
Resistance levels: 1.4475 1.4500 1.4530
Support levels: 1.4410 1.4380 1.4350
Resistance levels: 1.4475 1.4500 1.4530
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