Will they, won't they leave the Eurozone?
Markets still guessing and the jury's out on whether it would be good or bad but for now the uncertainty over Greece and the seemingly insatiable demand for the greenback has set its sights firmly on the euro
EURUSD failed to hold the rally back over 1.0550 and is now down to 1.0523. Talk of barrier option at 1.0500 to be defended.
EURGBP has broken down through support/bids at 0.7220 to test more at 0.7200 after posting 0.7271 early doors on the GBP slap lower, and EURJPY just looks horrible still at 127.02
"The trend is your friend#" is a much vaunted cliche in markets but right now it's difficult to back against it
Yes, each dip finds buyers understandably given how far we've come, but the rallies are oh so weak and that's what encourages the rally sellers like me. Much better that side than to keep trying to pick your bottom, as it were
