The Euro advanced higher on Friday, climbing towards the mid 1.45 area and setting the daily high at 1.4530. Minor support has been formed at 1.4500 after the 1.4530 test but it failed to hold and the Euro fell below it on today's Asian session. Support is now seen at 1.4480 backed by 1.4450 and 1.4425. Resistance starts at 1.4500 followed by 1.4530 and 1.4550. Daily sentiment is bullish while the hourly studies are slightly bearish at the time of this writing due to the overnight retracement. Once confirming the support at 1.4480, the Euro may recover and bring the 1.4530 mark back on focus. We've got pretty used to record highs established on a weekly basis nowadays so it doesn't look like a hard task to aim towards new territories above the 1.4530 barrier. On the other side, a potential break of 1.4480 may bring the support levels at 1.4450 and 1.4425 on our attention. Minor support is also formed by the 1.4475 level which is the half fib retracement of Friday's move. The upside is highly favored and the Euro may easily resume the upward move re-testing 1.4500. Current quote is 1.4481 @07:13 GMT