Last week's profile shows a fairly balanced week, with concentration in the 2064-69 area. With news on the wires now regarding a likely 'no' vote on the Greek referendum, we will see some big volatility this week and a big sell-off tonight/tomorrow at least, and a move away from last week's range to potentially test the prior range.
The daily chart below highlights the key LVN/HVNs and the bottom of the prior range at 1946.00 if/when it breaks the 2022.75 low of the current range. We are likely to see a large gap lower and the LVNs could be useful fade areas on any bounces. Headline risk is going to be very high with Euro leaders likely to try and put a new deal together and renegotiate with Greece.