well last eurusd hit SL (barely!). Bias is still very . 70 hit on the daily, still having trouble breaking the 100 and also the 76.4% retrace. Greece drama remains unsolved, is flowing and deposit rates are negative. SELL ALL THE EUROS!
still very much a possibility. The key is the upcoming deadlines for Greece. If a resolution comes in that sees Greece capitulate to the troika and avoid default than it will be hard for the eurusd to establish new lows until the fed hikes rates (maybe september). If Greece doesn't come to the table and actually defaults than we are looking at not only parity but 0.9500. First greek deadline is june 5th. The real one where the poop hits the fan is mid July. if sentiment is low for a deal by end of June than look out below.