DAILY MARKET OUTLOOKUpdate Time: 07 Jul 2015 01:06 GMT
EUR/USD - 1.1046
Despite euro's gap-down open on Monday and then a sell off to 1.0969 following Greek 'No' vote, subsequent intra-day rally to 1.1096 in Europe suggests further choppy trading inside near term established range of 1.0955-1.1279 would continue.
Only a daily close above 1.1122 would encourage for further gain to 1.1171 and then 1.1244 before prospect of a retreat.
Below 1.0955-69 support area would signal early fall from June's peak at 1.1440 has resumed and extend weakness towards 1.0887.
However, key support at 1.0819 (May's bottom) should remain intact.
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