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16 Jun 2015
EUR/USD subdued around 1.1250
FXStreet (Edinburgh) - The single currency remains on the back footing vs. the greenback on Tuesday, taking EUR/USD back to the 1.1250/55 band.
EUR/USD down from 1.1330
The pair briefly advanced to session highs in the 1.1330 area following the European opening, although the bullish attempt run out of steam and returned to the mid-1.1200s after poor ZEW results in Germany and the euro bloc came in below market expectations for the current month.
Nothing new in the Greek front so far, with debt talks stalled and EU officials calling an emergency meeting on Sunday (still not confimed).
EUR/USD relevant levels
As of writing the pair is losing 0.21% at 1.1260 and a break below 1.1249 (low Jun.16) would open the door to 1.1189 (low Jun.15) and then 1.1151 (low Jun.12). On the flip side, the immediate hurdle lines up at 1.1331 (high Jun.16) ahead of 1.1334 (high Jun.11) and finally 1.1387 (high Jun.10).
EUR/USD down from 1.1330
The pair briefly advanced to session highs in the 1.1330 area following the European opening, although the bullish attempt run out of steam and returned to the mid-1.1200s after poor ZEW results in Germany and the euro bloc came in below market expectations for the current month.
Nothing new in the Greek front so far, with debt talks stalled and EU officials calling an emergency meeting on Sunday (still not confimed).
EUR/USD relevant levels
As of writing the pair is losing 0.21% at 1.1260 and a break below 1.1249 (low Jun.16) would open the door to 1.1189 (low Jun.15) and then 1.1151 (low Jun.12). On the flip side, the immediate hurdle lines up at 1.1331 (high Jun.16) ahead of 1.1334 (high Jun.11) and finally 1.1387 (high Jun.10).