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FxWirePro: EUR/USD ticks higher on positive Greek vote

EUR/USD ticks higher to trade at 1.0943, Greek parliament second vote in favor of bailout catalyst The prospect of higher Fed rates enhanced by U.S. new home resales data on Wed boosted the dollar's appeal, and propelled…

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  • EUR/USD ticks higher to trade at 1.0943, Greek parliament second vote in favor of bailout catalyst

  • The prospect of higher Fed rates enhanced by U.S. new home resales data on Wed boosted the dollar's appeal, and propelled it to session highs overnight

  • Dollar index, which tracks the greenback against a basket of major currencies, stood at 97.344, down about 0.3 percent on the day 

  • Major resistance looms around 1.0960 levels, and breaks above could take the pair to 1.0990 (Ichimoku Cloud Base)

  • Strong support on the downside lies at 1.0869 (61.8% Fibo 1.0808-1.0969 and 22nd low)
Resistance Levels:

R1: 1.0966 (Daily High Jul 22)

R2: 1.0969 (Daily High Jul 21)

R3: 1.0994 (Ichimoku Cloud Base)

Support Levels:

S1: 1.0869 (61.8% Fibo 1.0808-1.0969)

S2: 1.0812 (Daily Low Jul 21)

S3: 1.0808 (Daily Low Jul 20)

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