FXstreet.com (Barcelona) - The bloc currency remains indifferent in the 1.2710/20 range on Monday, paying little attention to the news posted by the Troika on Greece.

Non-existent docket in the euro zone, lack of relevant events or rumours have been weighting on the cross and depressing its demand, ahead of the statement of the Ecofin meeting, due this evening/night in Europe.

As of writing, the cross is up just 0.01% at 1.2713 with the next resistance at 1.2739 (high Nov.120 followed by 1.2791 (high Nov.9) en route to 1.2800 (psychological level) and then 1.2820 (MA200d).
On the flip side, a breakdown of 1.2690 (low Nov.9) would open the door to 1.2627 (low Sep.7) then 1.2607 (50% of 1.2042-1.3172) and finally the psychological level at 1.2600.