- EUR/USD reached 1.1400 on Greek deal hopes 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 1.1350 with SL around 1.1280 for the TP of 1.1465/1.1500
The material has been provided by InstaForex Company – www.instaforex.com