EURUSD Movement
For the 24 hours to 23:00 GMT, the EUR rose 0.95% against the USD and closed at 1.0938, with Greece preparing to vote on a second batch of reforms to open talks on a new bailout deal.
In the US, the seasonally adjusted Redbook index climbed 0.20% on a monthly basis, in the week ended 17 July 2015. In the previous week, the index had climbed 0.30%.
In the Asian session, at GMT0300, the pair is trading at 1.0932, with the EUR trading 0.06% lower from yesterday’s close.
The pair is expected to find support at 1.0839, and a fall through could take it to the next support level of 1.0746. The pair is expected to find its first resistance at 1.0997, and a rise through could take it to the next resistance level of 1.1062.
Going forward, investors will keep a focus on today’s Greek Parliament voting.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
