EUR/USD jumped to a high of 1.4656 earlier during the American session, boosted by the risk appetite surrounding the markets. However, the shared currency has been unable to make any progress above that level. At time of writing, EUR/USD is trading around 1.4630, posting a 0.36% daily gain.
The FXMarketAlerts team commented, "Current consolidation phase may last into tomorrow but we doubt we have seen an important top yet. Support is at 1.4575/85 then 1.4545. Above 1.4651 next significant target is at 1.4680".