EURUSD
'It has had a muted reaction despite the surprise
outcome from the Greece referendum. Even though the market is
positioned short, we expect the pair to test the downside sooner rather
than later this week. Keep it tight but prefer short and add on more
spikes above 1.1055 with stops above 1.1125.'
GBPUSD
'Cable should remain vulnerable to Greek
updates. Cable could continue holding the recent downtrend with the
double top just ahead of 1.6000 while approaching the 200-day moving
average at 1.5447. Stay flexible and keep stops extremely tight, but
prefer selling.'
AUDUSD
'The reaction to the Greek 'No' vote has been
muted so far but risk should trade soft given the likelihood of further
escalation of the crisis. Sell rallies to 0.7500-0.7550 with stops
through 0.7610.'