Talking Points:
- EURUSD break through $1.1200 could mean $1.1050 next week.
- USDJPY needs to clear out ¥123.90.
- See the June forex seasonality report.
It's a much quieter day on the economic calendar, with only one event due over the next few hours that qualifies as a 'medium' or 'high' ranked event to close out the week. Instead, attention will be focused on two developing themes as the week draws to a close: the rebound in US economic data; and the negotiations surrounding Greece.
See the above video for technical considerations in EURUSD, USDJPY, GBPUSD, AUDUSD, and the USDOLLAR Index.
Read more: Important Day Ahead for US Dollar Both Fundamentally and Technically
--- Written by Christopher Vecchio, Currency Strategist
To contact Christopher Vecchio, e-mail cvecchio@dailyfx.com
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