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22 Apr 2015
EUR/USD pushes higher to 1.0800
FXStreet (Edinburgh) - The European currency is now trading on a firmer footing vs. the greenback, lifting EUR/USD to the proximity of the key barrier at 1.0800.
EUR/USD keeps ignoring Greece headlines
The pair is extending its resilience today, despite concerns around the Greek situation keep building up and following the recent announcement by Euro Working Group’s T.Wieser that Greece will not be submitting any list at the meeting on Friday. In another direction, he emphasized that Greece’s liquidity should be enough until the end of June, when the current bailout extension ends.
The news seems to have lent some support to the euro, helping the pair to clinch session highs near 1.0800 the figure.
EUR/USD key levels
At the moment the pair is up 0.48% at 1.0788 with the next resistance at 1.0802 (high Apr.22) ahead of 1.0825 (high Apr.20) and finally 1.0849 (high Apr.17). On the flip side, a breach of 1.0660 (low Apr.21) would aim for 1.0646 (61.8% of 1.0521-1.0849) and then 1.0624 (low Apr.16).
EUR/USD keeps ignoring Greece headlines
The pair is extending its resilience today, despite concerns around the Greek situation keep building up and following the recent announcement by Euro Working Group’s T.Wieser that Greece will not be submitting any list at the meeting on Friday. In another direction, he emphasized that Greece’s liquidity should be enough until the end of June, when the current bailout extension ends.
The news seems to have lent some support to the euro, helping the pair to clinch session highs near 1.0800 the figure.
EUR/USD key levels
At the moment the pair is up 0.48% at 1.0788 with the next resistance at 1.0802 (high Apr.22) ahead of 1.0825 (high Apr.20) and finally 1.0849 (high Apr.17). On the flip side, a breach of 1.0660 (low Apr.21) would aim for 1.0646 (61.8% of 1.0521-1.0849) and then 1.0624 (low Apr.16).