EUR/USD reached a high of 1.3126, just a few pips shy of its Asian session peak, although it has not filled the weekly opening gap yet. At time of writing, the pair is quoting around 1.3110/15, virtually unchanged since opening.

"While there is no news in Greece, we should expect the pair above that level trading in the 1.3020 - 1.3170 range. In case there's an agreement to pay the second aid tranche to Greece, we should see the pair returning back to 1.3200", said Alberto Muñoz C., analyst at FXstreet.com. "Otherwise, if negotiations fail then we could have a strong sell off, pushing the pair below 1.2960".

As for technical levels, immediate resistance is seen at 1.3135, followed by 1.3160 and 1.3200, while on the downside, supports could be found at 1.3080, 1.3030 and the 1.3000 mark ahead of 1.2930.