10 Jun 2015
EUR/USD waiting for catalysts, Greece talks in focus
FXStreet (Córdoba) - EUR/USD is taking a breather following a choppy trading day in Europe and New York amid tons of Greek headlines.
EUR/USD pulled back from a high of 1.1346 but the setback was contained by the 1.1210 area and the euro managed to close the day virtually unchanged at 1.1280. Having spent the last hours within a narrow range bounded by 1.1260 and 1.1290, EUR/USD enters the Asian session trading at the 1.1270 area and in the search for direction.
Greek headlines have kept investors cautious as Greece submitted another list of reforms to the EU. While reports suggested the proposal have been rejected, Greek PM Tsipras, German Chancellor Merkel and French President Hollande are expected to meet in Brussels for talks.
EUR/USD technical levels
As for technical levels, EUR/USD could find immediate resistances at 1.1345 (Jun 9 high) and 1.1379 (Jun 4 high). On the flip side, supports are seen at 1.1213 (Jun 9 low) and 1.1148 (21-day SMA).
EUR/USD pulled back from a high of 1.1346 but the setback was contained by the 1.1210 area and the euro managed to close the day virtually unchanged at 1.1280. Having spent the last hours within a narrow range bounded by 1.1260 and 1.1290, EUR/USD enters the Asian session trading at the 1.1270 area and in the search for direction.
Greek headlines have kept investors cautious as Greece submitted another list of reforms to the EU. While reports suggested the proposal have been rejected, Greek PM Tsipras, German Chancellor Merkel and French President Hollande are expected to meet in Brussels for talks.
EUR/USD technical levels
As for technical levels, EUR/USD could find immediate resistances at 1.1345 (Jun 9 high) and 1.1379 (Jun 4 high). On the flip side, supports are seen at 1.1213 (Jun 9 low) and 1.1148 (21-day SMA).