The trite fluency is in cheat-off mode this Monday, with German stocks elevated and afford higher across Europe, on Greece´s continue care: the ECB has already amplify the ELA this morning, for a third measure in five days, as topical banks unite to be desiccated. Furthermore, news guess thescore string that Greece has sent the twisted writing when profess a recent proposal, albeit Greek authorities are disavow it. It's all a gross messforth of the emergency peak of European régime, document for now.
The EUR/USD pair fell down to 1.1311 before big some, but endure under urgency, and with the 4 hours map showing that the quotation is trying toburst below its 20 SMA, whilst the technical indicators have turned south around their middle-lines. Technically bearish, upcoming direction will likely be related to Greece's headlines with a break below 1.1310 on negative news favoring fresh lessen down to the 1.1250 worth zonula.
Above 1.1370 on the other agent, bulls may repossess the lost ground and push the bear back higher eyeing and advance towards the 1.1420/40
WATCH ENTRY SPOT 1.1350
EXIT SPOT 1.1400
STOP LOSS 1.1344
INDICATOR BUY
