5 Reasons Why EUR/USD is higher after the Greek escalation

EUR/USD is trading at 1.1250 already reaching 1.1276, over 100 pips from the close on Friday. Since Friday, the Greek crisis went into overdrive, with the breakup of talks, the Greferendum announcement, the rejection of the bailout, the ECB freeze of ELA and the capital controls. A lot of alarming events.

So how come the Sunday gap was not only filled but surpassed? Here are 5 reasons for the comeback:

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