Technical Outlook for Majors 25/06/2015
 

EURUSD
The Euro trades in sit and wait mode, as EU/Greek negotiations are entering critical phase. Choppy trading is seen in past two days, holding above fresh low of 23 June at 1.1134, reinforced by thick daily Ichimoku top and daily Kijun-sen line, few ticks lower that marks the lower limit of near-term congestion. Also, not much of the upside action was seen so far, as daily 20SMA, broken on Tuesday