Euro fundamentals are too much to digest

At the moment, there is far too much to digest with Greece and the euro. The bottom line is that the market remains very short but positive progress is being made. Unless Greece comes off the rails, the euro should creep higher.

The way EUR/USD retraced from the recent drop, I believe it will continue to the upside until at least 1.3322.

There are said to be offers at 1.3300 and strong offers at 1.3320/30. There is medium demand at 1.3125 with stops below 1.3090.