The EUR/USD pair rose during the session on Tuesday, breaking the top of the range for Monday at one point in time. However, the market gave back a significant amount towards the end of the day, and therefore we feel this market will continue to chop around. Although we would probably have a little bit more of an upward bias than down before the short-term, we believe that this market is going to continue to be very difficult to be involved in, thereby keeping us out of it. Once we see some type of significant impulsive move, we would change our opinion, but right now do not see the point in risking trading capital on this market.
