Eurogroup Meeting was held to discuss Greek reform issue on Wednesday, the result smashes investors’ expectation on rescue plan between Greece and its creditors. The issue will be further discussed on Thursday morning, with signal of transferring market focus.
During the session today, Personal Income(MoM)(May) and Jobless Claim Application of the first week of June 20th as well as Core PCE Price Index will see light in the US.With certain underlying assets performing actively when data see light, FX77 binary option analyst suggest grasping the opportunity to do short-term trading.
EUR/USD
The EUR/USD pair continues to show bullish momentum, and we are considering buying call option on dips. Support is found at 1.1130/1.1080 and resistance at `1.1280/1.1350.
USD/JPY
We have no interest buying call option since the USD/JPY pair is in consolidation. Resistance is found at 124.20/124.50 and support at 123.30/122.8.
The GBP/USD pair has a pullback sentiment, and we like buying call options on dips. Resistance is found at 1.5800/1.5950 and support at 1.5680/1.5650.
[Tips]
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