I really doubt you will see the gap completely fill this time. I think the gap has already retraced as much as it is going to. We might see a brief uptick, but it is time to sell EURUSD and EURJPY for a long term trade. Greece is leaving the Euro Zone. Germany isn't going to pay any more money to keep them in. So now the euro is no longer irrevocable. Portugal is next. Then Italy and Spain will start to feel the pressure from rising peripheral yields and their losses from bailing out Greece (3-4% of GDP for each country). They will be tested by the bond markets. Eurozone going back into recession. ECB is going to have to print a few hundred billion to make up for the losses by EFSF, ESM, losses by European banks, deflation, etc. etc. All bodes for a weaker Euro, esp against USD, the least dirty shirt.
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Intraday only.