DAILY MARKET OUTLOOK Update Time: 03 Jul 2015 03:30 GMT
EUR/USD - 1.1095
Despite euro's retreat to as low as 1.1032 on Thursday after Monday's strong rally from a fresh 1-month trough at 1.0955 to as high as 1.1279, yesterday's intra-day rebound to 1.1122 in New York morning on tepid U.S. jobs reports suggests further choppy sideways trading would continue until the Greek referendum on July 5.
Above 1.1122 would yield gain to 1.1171 but reckon 1.1200/10 would cap upside today, whilst below 1.1032 would bring further weakness to 1.0990-1.1000 before rebound occurs.
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