When the market has received a signal from the European authorities that they will continue any negotiations with Greece only after the referendum, investors have focused entirely on the fundamental news.
The price is finding the first support at 0.9370, the next one is at 0.9280. The price is finding the first resistance at 0.9540, the next one is at 0.9750.
There is a confirmed and a strong buy signal. The price is under the Cloud and it is under the Chinkou Span. The Tenkan-sen shows a downward movement and the Kijun-sen shows a horizontal movement. The upward movement will be until the price is under the Cloud.
The MACD indicator is in a positive territory. The price is consolidating.
We advise to long with the first target - 0.9540. When the pair consolidates above the first target, we can open deals to the level of 0.9750.