20 Jul 2015
EUR/USD another attempt to 1.0850
FXStreet (Edinburgh) - The common currency keeps its gains vs. the US dollar so far, taking EUR/USD to the mid-1.0800s.
EUR/USD keeps the attention to Greece
Spot meanders within the daily range so far, keeping an eye on the Greek front, where the stock markets will remain closed until July 22nd. In the meantime, news that Greece have paid to the ECB (€4.2 billion), IMF (€2.05 billion) and the Bank of Greece (€0.5 million) seems to have somewhat supported the euro in an otherwise flat markets.
EUR/USD levels to watch
At the moment the pair is up 0.12% at 1.0843 with the next resistance at 1.0866 (high Jul.20) followed by 1.1036 (high Jul.15) and then 1.1086 (high Jul.14). On the flip side, a breakdown of 1.0819 (low May 27) would target 1.0789 (low Apr.25) en route to 1.0666 (low Apr.24).
EUR/USD keeps the attention to Greece
Spot meanders within the daily range so far, keeping an eye on the Greek front, where the stock markets will remain closed until July 22nd. In the meantime, news that Greece have paid to the ECB (€4.2 billion), IMF (€2.05 billion) and the Bank of Greece (€0.5 million) seems to have somewhat supported the euro in an otherwise flat markets.
EUR/USD levels to watch
At the moment the pair is up 0.12% at 1.0843 with the next resistance at 1.0866 (high Jul.20) followed by 1.1036 (high Jul.15) and then 1.1086 (high Jul.14). On the flip side, a breakdown of 1.0819 (low May 27) would target 1.0789 (low Apr.25) en route to 1.0666 (low Apr.24).