EUR/USD quiet, focus on FinMin meeting tomorrow by Milan Cutkovic

  • Market does not seem too worried about a possible Grexit as of now
  • However, Greece will continue to be a major market theme in the coming weeks
  • EUR/USD has been consolidating in a rather tight range since the Sunday opening
  • Given the lack of data, this may continue until the special meeting of the Euro Zone finance ministers tomorrow
  • Immediate resistance noted at 1.1360 and then 1.14; bulls will need a clear break above the big figure for upside momentum to accelerate
  • To the downside, 1.1260 now the pivotal s/t support

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