FXstreet.com (Barcelona) - Euro rally from Monday's low at 1.4155 has extended on Thursday's Asian session above 1995high at 1.4535, favoured by widespread Dollar strength, to reach fresh 16-month high at 1.4650 before pulling back below 1.4600 ahead of Wall Street opening.
On the downside, immediate support lies at 1.4550/60 (Apr 20 high/intra-day level), and below here, 1.4485/00 (intra-day support) and 1.4385 (intra-day level). On the upside, immediate resistance lies at 1.4650, and above here, 1.4700 and 1.4750.
EUR/GBP rally from Monday´s low at 0.8740 has been capped at 0.8875, again at European session opening, and the pair plunged through the session reaching day lows below 0.8800 at the time of writing.
