The EUR/USD pair went back and forth during the session on Tuesday, but essentially settled nothing by the end of the day. This is the fourth session in a row that has essentially ended of unchanged, and as a result it appears that the market is simply grinding sideways as we appear to be consolidating between the 1.37 levels on the bottom, with the 1.38 level on the top. That being the case, we feel that this market is essentially nine able to be traded, and that being the case we feel the Euro is easier traded against other currencies.
