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