FXStreet (Edinburgh) – Once again, Greek headlines are now lifting EUR/USD from session lows near 1.1150 to the area of daily tops around 1.1220.
EUR/USD volatile pre-Eurogroup
The pair keeps the vicinity of the 1.1200 handle after headlines reported that EU institutions have initially agreed on the documents submitted by Greek authorities. Spot quickly left the area of session lows in the mid-1.1100s in the wake of the headlines, with all the attention now to the Eurogroup meeting due to start at 1330 in Brussels.
EUR/USD levels to consider
As of writing the pair is retreating 0.01% at 1.1205 with a breach of 1.1154 (low Jun.24) would aim for 1.1135 (low Jun.23) and finally 1.1087 (low Jun.8). On the flip side, the initial up barrier aligns at 1.1229 (high Jun.25) followed by 1.1288 (Tenkan Sen) and then 1.1292 (low Jun.19).
(Market News Provided by FXstreet)