As we had hoped, the dollar took a break yesterday and retraced more than 100 pips against most of the majors. As you can tell by the headlines, volatility may continue as the markets try to figure out what is going to happen with Greece. The article below discusses the EUR/USD interesting read as Citigroup analyst Tom Fitzpatrick talks about the euro hitting a bottom and a possible move as high as 1.4720. We still think the longer term outlook is for further risk aversion and a drop in the EUR/USD price to as low as 1.2500 this may take 8-12 months. www.bloomberg.com Ifyoud like a more detailed analysis with potential trade opportunities during our live trading session, please join us in the members area. Please visit us at www.spoteuro.com

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