EUR/USD was last at 1.1272, off session highs of 1.1344 and down from 1.1290 late Monday. The pair ended that session up 1.71%. The euro erased early gains against the dollar on Tuesday as uncertainty over deadlocked Greek debt negotiations continued to cloud the outlook for the single currency. Athens submitted new proposals for economic reforms to the European Commission on Tuesday, fuelling hopes for a breakthrough that could unlock new funding before the country runs out of money. Greek Prime Minister Alexis Tsipras said the two sides could reach a deal if Greece’s creditors dropped demands to cut pensions and other proposals which would push Greece deeper into recession.
RECOMMENDATION :
BUY GBP/USD ABOVE 1.5400 TARGET 1.5420 1.5450 SL 1.5370
SELL GBP/USD BELOW 1.5350 TARGET 1.5330 1.5300 SL 1.5380
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