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EUR/USD Recovering As Private Sector Agrees On Greek Restructuring

From forexcrunch.com

Euro dollar is now moving higher ahead of the critical votes in the Greek parliament, that have been postponed. A banking conference in Rome is discussing “volunteering” of the private sector to restructure Greek debt, while some leaders begin playing down the impact of a Greek default. We have a few US indicators to start the week. Here’s a quick update on technicals, fundamentals and what’s going on in the markets. EUR/USD Technicals Asian session:Active session saw EUR/USD dip below 1.4120 before making a recovery in the European session. Current range 1.4160 to 1.4220. Further levels in both directions: Below ... (full story)

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