Euro zone finance ministers sealed a 130-billion euro deal on aid for Greece, averting a chaotic default next month. But traders said an agreement was widely flagged and the euro may struggle to rise above resistance around $1.3307.
The euro was 0.1 percent lower at $1.3222, pressured after earlier selling by Middle-Eastern investors pulled it well below the session high of $1.3293 reached after the success of the talks overnight.
Investors were concerned about how Greece would implement the harsh austerity measures demanded of it, while some also saw longer-term risks to the euro following an expected second injection of cheap funds by the European Central Bank next week.
