The Euro found support at 1.4640 on yesterday and advanced higher getting past the 1.4700 resistance, establishing the daily high at 1.4725 then retraced, reconfirming the support at 1.4640 on today's Asian session. Support is formed at 1.4675 backed by 1.4640 and 1.4590. Resistance emerges at 1.4700 followed by 1.4725 and 1.4750. Momentum is positive on both daily and hourly studies and while the Euro holds above the 1.4675 or 1.4640, 1.4725 may be tested again. On the other side, a potential break of 1.4640 would encourage the greenback to re-gain, bringing the 1.45 area back on-focus. Current quote is 1.4695 @07:13 GMT