At this point, we will have to wait for Greece to provide creditors with new proposals. Worst case scenario will be Greece leaving the eurozone. But in the event that Greece leaves the eurozone, situation will look equally bad.
In the currency market, we saw that EURUSD gaped down when market opened on Sunday evening. Price has recovered and closed off the market gap. At the moment, if there is any surprise news in the market, we should expect volatility in EUR and EUR short seems to be a better position to take.