JonathanWong

EURUSD short term pull back

FX:EURUSD   Euro Fx/U.S. Dollar
Risk Reward justifies a potential SHORT TERM pullback from current low to about 1.09-1.10. Looking for a better short position to ride through the eventual rate hike. From a technical pov, if morning star forms EOD             , we might be seeing a retracement/consolidation after the fall from 1.12 a week ago.

With Greece's exit unlikely or at least on hold, attention is turned to the US rate hike which would more likely than not bring this pair down.
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