SYDNEY, May 31 (IFR) - Stops in the EUR/USD have been triggered above 1.4340 after the WSJ reported that Germany might be shifting a3ay from insisting on a "reprofiling" of Greek debt. The EUR/USD suffered last week from the open spat between the ECB and some EU members on the subject of reporofiling with the ECB insisting that any form of restructuring would be disastrous. Stops have been triggered above the 1.4340, which was the 38.2 fiobo of the recent 1.4940/1.3968 move and the next level of resistance is found at the top of the daily ichimoku cloud at 1.4373. The EUR/USD trades 1.4338/43.
[email protected]
