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EUR/USD: Heavy bellow 1.2745

From fxstreet.com

Ahead of Asian opening, early interbank quotes show market is little changed from Friday’s New York close, with the dollar poised to extend its advance, particularly against European rivals. The EUR/USD looks heavy after closing past week below the 1.2740 area, 38.2% retracement of its daily run from 1.2040 to 1.3170 also past June high. Greece remains on the eye of the storm, as the troubled country will likely delay payments due this week, waiting for a new aid package, that will be received is Parliament approves 2013 budget. Technical readings for the EUR/USD in the 4 hours chart shows indicators in negative ... (full story)

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