EUR - CHF // Is the Euro dead? Or is it the greatest BUY ever?

I would hardly disagree with you if you were to tell me:

- "Come on John, the euro is doomed, they are going to default?!".

The 1 million dollar question (for some it's the $1B question) is:

- "Is everthing priced in? Greek default priced in?"

Obviously, I don't know that answer but in terms of price action, we "could" be near a "bottom" somehow if prices hold that support and show some strength... The next few hours are critical for this currency pair because speculators will keep pushing down the Euro (so more troubles ahead) or they will start to buy it and more "confidence" ahead.

INFLEXION POINT.