FXStreet (Córdoba) – EUR/USD continues to hover around the 1.1200 level, immune to tons of Greek headlines coming across the wires, which could be sum up to this: the Eurogroup meeting has finished with no deal, and another gathering is scheduled for Saturday.
However, the shared currency has developed quite resilience to Greek developments after five months of infructuous negotiations between Athens and its creditors.
EUR/USD has had a quiet day, slipping to a low of 1.1153 during the European session, only to bounce back to the 1.1225 area. Having spent most of the day on both sides of 1.1200, the pair is currently trading at 1.1205, virtually unchanged on the day.
EUR/USD technical levels
In terms of technical levels, next supports are seen at 1.1153 (Jun 25 low), 1.1134/36 (Jun 23 low/50-day SMA) and 1.1100 (psychological level). On the other hand, resistances could be found at 1.1234 (Jun 24 high), 1.1275 (10-day SMA) and 1.1300 (psychological level).
(Market News Provided by FXstreet)