EUR/USD higher on muted Greek bailout bullishness ..

Forexpros - The euro traded higher against the U.S. dollar Tuesday, but the reaction to the Greek bailout package was muted as investors remain uncertain if it will be sufficient to avoid default. EUR/USD traded at 1.3258 during mid session U.S. trade after hitting a high of 1.3293 and a low of 1.3187. The pair was likely to find support at 1.3114, last Friday’s low and technical resistance exists at 1.3293, the session high. The single currency struck the high against the greenback earlier after euro zone finance ministers settled on the details of a new financial package for Greece, which aims to lower the country’s debt to 120.5% of gross domestic product by 2020. Private-sector creditors also agreed to take a write-down on their bonds of more than 53%, which is expected to cut Greece's debt by EUR107 billion.