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Considering that there won't be any major developments on " The Greek Drama" scene, the pair is likely to range up and down between 1.1291 & 1.1107
The resistance at 1.1291 will be hard to breach and everything will be decided on Friday. If there is another lousy NFP reading 1.1530 could be the next target. But if NFP surprise to the downside, it might close the week in 1.0950- 1.1070 band.
On the other hand, considering this extreme high volatility the pair has been experiencing lately, we might see both 1.1530 & 1.0950 this week.
The resistance at 1.1291 will be hard to breach and everything will be decided on Friday. If there is another lousy NFP reading 1.1530 could be the next target. But if NFP surprise to the downside, it might close the week in 1.0950- 1.1070 band.
On the other hand, considering this extreme high volatility the pair has been experiencing lately, we might see both 1.1530 & 1.0950 this week.
