19 Jun 2015
EUR/USD turns positive around 1.1360
FXStreet (Edinburgh) - EUR/USD keeps paring initial losses at the end of the week, now returning to the positive territory in the 1.1360/65 area.
EUR/USD bounced off 1.1300
The pair staged a steep comeback after hitting session lows in sub-1.1300 levels earlier, managing to pick up pace despite the deterioration of the EU-Greece debt talks.
All the attention has now shifted to the EU Leaders summit to be held on Monday and probably a conference call between EU officials at some point during the weekend, as hopes of a deal remain intact despite the imminence of the June 30th deadline.
EUR/USD key levels
As of writing the pair is up 0.02% at 1.1362 and a break above 1.1402 (high Jun.19) would aim for 1.1437 (high Jun.18) and then 1.1450 (high May 18). On the other hand, the immediate support aligns at 1.1292 (low Jun.19) followed by 1.1206 (low Jun.17) en route to 1.1189 (low Jun.15).
EUR/USD bounced off 1.1300
The pair staged a steep comeback after hitting session lows in sub-1.1300 levels earlier, managing to pick up pace despite the deterioration of the EU-Greece debt talks.
All the attention has now shifted to the EU Leaders summit to be held on Monday and probably a conference call between EU officials at some point during the weekend, as hopes of a deal remain intact despite the imminence of the June 30th deadline.
EUR/USD key levels
As of writing the pair is up 0.02% at 1.1362 and a break above 1.1402 (high Jun.19) would aim for 1.1437 (high Jun.18) and then 1.1450 (high May 18). On the other hand, the immediate support aligns at 1.1292 (low Jun.19) followed by 1.1206 (low Jun.17) en route to 1.1189 (low Jun.15).