Buy on a level breakthrough of 1.1132 with 1.1250 target. Stop loss = 1.1080.
Reason for the trading strategy
Yesterday, Greece introduced a new program of reforms to its creditors in order to receive a three-year loan of 53.5 billion euros. To receive this amount, Athens would be willing to cut spending and raise taxes. It is noteworthy that Greece does not insist on writing off or restructuring of the debt, but this is still what the Greek government has been focusing on. now. Against this background, the euro rose above $1.11.