Greek government approved new debt offer. So we could expect that EUR will go up and test 1.14 .

eurusd-d

Looking daily chart, yesterdays candle rejected lower prices at 5 EMA. Today I expect small fall (option (1)) to retest that blue area marked support and then bounce from there to next blue area of support. Bear option (2) could be, that support will not hold and we will break it, then a retest and look for short entry on smaller time frames like 4h and 1h charts.

There is PPI m/m news later today in US.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.