FxWirePro: EUR/USD down from overnight highs, but stays firm into European open
EUR up in early trade, stays firm into European open The common currency peaked at $1.11250 overnight, but was unable to sustain gains, a clear signal that euro bulls were none too excited just yet Rising optimism regard…
EUR up in early trade, stays firm into European open
The common currency peaked at $1.11250 overnight, but was unable to sustain gains, a clear signal that euro bulls were none too excited just yet
Rising optimism regarding the last attempt to find common ground between Greece and its international creditors to keep the pair supported
A speech by Federal Reserve Chair Janet Yellen on the U.S. economic outlook - due at 1630 GMT - will be the major event of the day
EUR/USD is currently trading at 1.1101, with immediate resistance at 1.1118 (July 3 High) levels, above which gains could be extended to 1.1156 (May 20 High) levels.
On the downside, support is seen at 1.1055 (Today's Low) and 1.0992 (July 9 Low).
