We don’t know for sure what the Greece package will look like but it looks very likely there will be some sort of support, so at a minimum, no Greek default is likely. This is helping spark another round of EUR/USD buying, taking the single currency to the 1.3750 level.
1.3760/65 is resistance neat-term with more up at 1.3815. Trendline resistance sits now at 1.3816 as well.
