The EURUSD followed a slow grinding path higher last week.  Briefly touching key weekly support in the 1.26/.2625 area.  Heading into next week this should once again be an area to watch followed by key Fib levels just above at 1.2667(.382 Fib) and 1.2784(.50 Fib).   If the cross makes it to the 50 fib level sellers could be expected to emerge.  At the start of the week support can be sound at 1.2440 and resistance is at .2550.  With this cross it will once again be important to keep an eye on news out of Greece and Spain.  Any new developments could send the pair flying in either direction.

Sup              1.2440

Res              1.2550

.50 Fib           1.2784

.382 Fib         1.2667