EUR/USD

EUR/USD session outlook: Pick a 40 pip range

I can’t see much happening during Asia today especially if the big hitters in Europe and the US could not generate any volatility post Greek debt deal. The main liklihood for momentum will come from EUR/JPY but with ‘danger’ levels near 105.70 quite far away, I can’t see much happening there either.

I’d pick a 40 pip range like 1.2930/70 or 1.2910/50 and trade the edges of that. Even better, take a few hours off and get those chores done! I’ll be offline for a few hours around lunchtime so I hope it stays quiet.

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