Despite failure of the weekend Greece-creditors talks, Euro remains well supported in the dips and is currently trading in a tight range between 1.1200 and 1.1250. Where it will go from here it will depend mostly on headlines, but I suspect it won't break into either direction before FOMC meeting on Wednesday.

Stronger support is seen near 1.1050 (June 5th low, 50 and 100 DMA), while the weekly trendline resistance shall be found between 1.12 and 1.13.

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