EUR/USD trading at 1.1146
I see much more potential downside in the euro on a Greek deal falling apart than upside on it being confirmed.
Greek parliament will vote in a couple hours on mandating negotiations for a deal and they'll probably approve it but there are hardliners in Germany and Northern Europe and they might be ready for a Grexit. In addition, Greek banks are wrecked and there is nothing decided on debt reprofiling.
Gun to my head: I'd rather be short through the weekend but it's a beautiful July weekend and there's no sense holding a trade through the open if you can help it. There will be plenty of chances to make money next week.
