After confirming the support at 1.4450 on yesterday, the Euro recovered and re-tested 1.4500 on today's Asian session. Support is now formed at 1.4500 backed by 1.4475 and 1.4450. Resistance starts at 1.4515 followed by 1.4530 and 1.4550. Momentum is bullish on both hourly and daily studies. While the Euro holds above the 1.4500 mark, the mentioned support will strengthen and the Euro may advance higher, re-testing Friday's high at 1.4530. On the other side, the pair will face yesterday's support levels around 1.4450 in case of a potential decline below 1.4500. Current quote is 1.4511 @07:15 GMT