Looks like it is going to be a very thin, whippy month-end Friday afternoon. We’ve been chopping around in volatile fashion all morning and it doesn’t look likely to settle down soon.
Bids are seen in the 1.3230/50 area on dips near-term while stop-loss sell orders are eyed around 1.3225.
A pretty disappointing afternoon for those expecting a major relief rally on a Greek bailout package. I fear we’ve already bought the rumor and we won’t see much topside action early next week at all…
