Trading Tips:EUR/USD touched lows of 1.1313 and was last at 1.1342, off early highs of 1.1403.The euro turned lower on Monday, giving up early gains as investors nervously eyed last ditch talks in Brussels aimed at reaching a deal to unlock bailout finds for Greece in time to avert a default. The single currency initially gained ground after the Greek government submitted a new package of economic reforms to its creditors, indicating that it is prepared to make concessions to break a deadlock to unlock bailout funds. Greece’s existing bailout is set to expire at the end of this month, when it must also repay €1.6 billion to the International Monetary Fund.
RECOMMENDATION :
BUY GBP/USD ABOVE 1.5850 TARGET 1.5870 1.5900 SL 1.5820
SELL GBP/USD BELOW 1.5750 TARGET 1.5730 1.5700 SL 1.5800
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