EUR/USD consolidates on Greece crisis, good to sell on rallies

FX:EURUSD   Euro / U.S. Dollar
811 0 12
EUR/USD             trades in narrow range between 1.12335 and 1.11519 in yesterday session amid the uncertainty surrounding Greece . The pair retreated yesterday from high of 1.2335 as creditors rejected latest proposals submitted this weekend.

Technically EUR/USD             major intraday resistance is around 1.1255 and any break above would extend gains till 1.1290/1.1330 in short term.

On the downside minor support is at 1.1150 and break below will drag the pair till 1.1100/1.1070 level.

It is good to sell on rallies around 1.1245-50 with SL around 1.1290 for the TP of 1.11350/1.1100
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