The market tested the top trendline off the hourly chart at the 1.4735 level (high reached 1.4737) and has moved back down. The 1.4719 level remains a key level (high from December 2008 spike). Below that is the 1.4764 level where the 50.0% retracement support is currently found. Interim support at 1.4679 (S2) on the 10 minute chart is found. Looking for a move to 1.4646 area.
