Risk Reward justifies a potential SHORT TERM pullback from current low to about 1.09-1.10. Looking for a better short position to ride through the eventual rate hike. From a technical pov, if morning star forms EOD, we might be seeing a retracement/consolidation after the fall from 1.12 a week ago.
With Greece's exit unlikely or at least on hold, attention is turned to the US rate hike which would more likely than not bring this pair down.