On the Radar…

Another Monday morning with plenty of gaps > I will keep this on my radar, especially cable but I consider euro already filled. Furthermore, I am very conscious of more news from Greece and keep in mind that Bernanke will be speaking around NY open.

  • EURUSD > sidelined for now, almost neutral, could see a bounce but with Greek news, etc, will only take very s-t trades today.
  • GBPUSD >still moderately bullish but looking at 51,30s for possible entries to retest highs in 55s and also play the gap-fill s-t.
  • USDJPY > very mindful of volatility but the sell-off looks overextended to me, break here and we could see a move to mid 91s but all-in-all could be time to start building a news swing long > watching closely.

Keep it tight!

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