the biggest surprise to the market could be Fed interest rate hike than Greece defaulting on her payment to IMF. Whatever the case may be ..NEUTRAL on EUR/USD...play the devil's advocate..EATING with both hands and once one hand is full start feeding the other hand..
EUR/USD Forecast June 15-19
EUR/USD had another busy week, with Greece playing an increasing role in shaping the direction. An important German survey and inflation numbers stand out. Here is an outlook for the highlights of this week and an updated technical analysis for EUR/USD. German industrial output beat expectations and was one of the reasons for the positive start for the pair, together with rising German yields. However, then Greece took over. Optimism about a German compromise on a deal helped only temporarily, and things worsened quite quickly, with yet another deadlock. Greece seems to have leverage. The euro was also hit by German ... (full story)