Downward pressure on the euro – U.S. dollar pair is due to political problems in Greece, where there is an assumption of that Athens could leave the euro zone. On a technical level, the Range and Momentum indicators are showing a rebound toward the weekly resistance zone. The euro is trading above the weekly W_S2 a close above 1.2943 will increase probability to continue rising to near 1.3140 (WPP) We recommend buying at current levels of objectives in negotiation with 1.3149 dollars per euro.
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