Still the range market ; Greece puts a lot of uncertainty ( Early Close )
On the short -term the market the market still ranging between 1.07 and 1.08 levels as awaiting a more data to decide the new mid-term direction ; those levels considered critical for short-term traders and keep an eye of those till Tomorrow NFP data . The breakout direction would be the new trend with highest probability downward .
On the longer-term view : the market on the down trend driven by a lot of factors ; moreover , a levels below 1.04s es expected and parity exchange rate would be in the next half of 2015.
Daily Trend: Neutral
Weekly Trend: Down