EUR/USD was steady at 1.1247, off Tuesday’s highs of 1.1329.The euro was little changed on Wednesday as tensions over Greece continued while the dollar ticked higher ahead of the Federal Reserve’s upcoming monetary policy statement later in the trading day. The euro weakened on Tuesday amid mounting concerns over the approaching deadline for Greece’s repayments to the International Monetary Fund. Europe wants Greece to make spending cuts worth €2 billion in order to secure a deal that will unlock additional funds before its bailout expires at the end of June and it must repay €1.6 billion to the IMF.
RECOMMENDATION :
BUY GBP/USD ABOVE 1.5855 TARGET 1.5875 1.5905 SL 1.5825
SELL GBP/USD BELOW 1.5800 TARGET 1.5780 1.5750 SL 1.5830
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