EUR/USD is still consolidating sideways between 1.1200 and 1.1220 but
it also just formed an obvious hammer candlestick on the four-hour
time-frame, so I expect a new move to the upside.
The pair's correction movement continues, bouncing around 1.121 level with very little progress. Immediate support level can be found at 1.1180/90 zone, break below could lead to further decline.
EUR/USD is caught in a very tight range between 1.1230 and 1.1190.
Later today the FED Chair Janet Yellen will speak at the Minority
Bankers Forum in Kansas City, that event will likely cause enough
volatility to end the range.
The pair continues its sideway movement in a range between 1.112 to 1.133, but the lack of directional momentum probably will end with all focus turn to ECB's minutes and US Payrolls this week.
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It is all about DB now.
Friday was end of the moth fix - rebound was expected after rigging the results for the fix