EURUSD is supported above 38.2% Fibonacci Retracement
Monday, July 13, 2015 3:39 AM UTC
- The euro currency started the new week on a soft note
- European leaders continued to mount pressure on Greece to make severe spending and taxation changes immediately in exchange for further bailout funds
- Asian markets began the week on an upbeat note, with investors brushing off fears that Greece may be days away from financial ruin
- Pair is currently trading at $1.1138 levels
- Market eye 23.6% Fibonacci Retracement level at $1.1225