Forex: EUR/USD: Euro pullback from 1.4965 YTD high, holds above 1.4900

Euro rally from Monday's low at 1.4675 extended on Thursday to a fresh year to date high at 1.4965, and the pair has remained trading, during Asian session, between 1.4900 to the mentioned year high, which has been tested twice in the lat two days.

At the moment, the Euro is trading around 1.4925, with next resistance area at 1.4965 (Oct 15 high/intra-day high), above here, the Euro might find resistance at 1.4980 (Aug 13 08 high), and 1.4990/00. On the downside, support levels lie at 1.4905/15, and below there, 1.4885 and 1.4835/45 (Oct 14/15 low).

EUR/GBP dropped on Thursday from levels around 0.9335 to 0.9140 low, before attempting to pick up, although the pair was capped at 0.9200 to dip further during Asian session times, to hit a fresh 2-week low at 0.9115. At the moment, the Euro trades around 0.9150, with next resistance levels at 0.9160 and 0.9190. Support levels are 0.9075 and 0.9045.