Greece came to limelight once again supported the euro re-fresh high against the greenback and on a verge of break outs against crosses.

The cross is trading on a verge of crucial resistance in the weekly chart. The immediate resistance seems at 1.5340, as of now the cross made high at 1.5328. If today the cross close above 1.5340 the bulls aim at 1.5420 and 1.5500 in the next week. The monthly resistance seems at 1.5500 and1.5550 levels.

The cross has been moving higher for 2 consecutive days, with a strong close.  Earlier the cross gave an upside break of an inverse head and shoulder pattern. The cross close above 1.5300 for the first time in 2015.  Earlier the cross failed to close at the higher levels twice.

Intraday: Resistance seems at 1.5340, 1.5400 and 1.5440. Support finds at 1.5300, 1.5270 and 1.5210. Fresh buying available above 1.5340 aims at 1.5360, 1.5400 and 1.5410 in the extreme case 1.5430 likely.

EURAUDpWeekly