EURUSD sideways

From alpari.com

Investor activity during the American session was low. Due to the lack of catalysers for movement, the EURUSD dropped to 1.1072 and then restored to 1.1088 by trade opening in Asia. The euro spent the day in a 33 point corridor range. Market Expectations: On Tuesday I am sticking with a bullish mood for the pair and reckon that, with support from the euro/pound, the euro/dollar will rise to 1.1128. The news is little, too little for it to rock the market. Due to this, the euro’s strengthening has a ceiling of 1.1150. Day’s News (EET): 08:45, Swiss July unemployment level; 09:00, German June balance of trade; ... (full story)