EURUSD knocked lower on Greece's €7bn demand
ANSA reported that Greece had demanded €7bn within 48 hours and that's given the market an idea of how far up shit creek they are with liquidity
Market sources in London note that there's been heavier than usual selling compared to last week
The 1.1040/45 level I was going on about yesterday saw plenty of action and it's no surprise to see it playing resistance as we moved lower
EURUSD daily chart
There's some support around 1.0910/15, 1.0880/85, 1.0860/65 but the bigger number to watch is if we move down to 1.0820/25 as that's been a significant S&R point through most of the year
Sellers protected the 1.1000 level in the first drop to 1.0960 and now they have stepped down to 1.0990. stops were run through 1.0955/50 but the quick retrace should see support building around 1.0955/60 again
EURUSD 15m chart
Break it once more and we are likely top see a further push to the downside
