EUR/USD Mid-Day Outlook

EUR/USD continues to stay in tight range below 1.4880 and intraday bias remains neutral. More consolidations could be seen with risk of deeper retreat. But downside is expected to be contained by 1.4492 support and bring another rise. Above 1.4880 will target 161.8% projection of 1.2873 to 1.386 from 1.3427