FxWirePro

EUR/USD trades up on Greece deal hopes,targets 1.15

Panjang
FX:EURUSD   Euro / Dolar A.S.
6
EUR/USD reached 1.1400 on Greek deal hopes .Market focus will on Greece and the emergency meeting this afternoon and also on EU summit which will be starting at 19:00 CET.

EUR/USD is expected to trade higher as market anticipates deal is to be struck between Greece and its creditors at the top level meeting among EU leaders later today.

Technically EUR/USD short term support is around 1.1330 and break below will drag the pair further down till 1.1290.
Short term bullish invalidation only below 1.1280 level.

On the higher side minor resistance is around 1.14350 and break above will target 1.1465/1.1500 level.

It is good to buy at dips around 1.1375 with SL around 1.1330 for the TP of 1.1465/1.1500
Penafian

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