The Euro fills up the gap and returns to Friday’s high

The drop in the Euro did not last long, due to the fact that there is speculation that the markets have already priced in a possible Grexit and it is believed that the European Central Bank has enough resources to mitigate any adverse effects from Greece leaving the EU. The Euro comes back to the upside, but we do not know for sure how it will react to the Non-Farm Payrolls, which if it comes out better than expected, we may see the EURUSD come back down. It is also believed that whatever happens with Greece, it will not change the future plans of the FED of raising its interest rates.