with the euro is getting it from all sides, particularly from it's neighbor CHF, we think that there is a limit how much currency can slide in certain period of time. Needles to say that key is in resolution of many problems is in Greece. In case of further detoriation we think that selloff will continue but at much slower pace, and in case of any impovements we going to see knee jerk reaction in this pair.
Stops are placed at 1.1770, and targets are set at 1.2380
Stop adjusted to 1.1940, just bellow entry. Caution ahead of Greek confidence vote.
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