EUR/USD at three week high, over 1.29

Optimism about a deal being reached on Greek debt has comfortably brought the EUR at $1.2930. It is the highest price of the last 3 weeks.

The pair looks well positioned to test 1.30 in the next days. A lot of stop buy orders are clustered at 1.30. Beware the volatility the day the Greece deal is announced.