The EUR/USD pair rose during the course of the day on Tuesday, continuing to consolidate in the general vicinity of the 1.36 handle as we have for several sessions. That being the case, it appears that the market should continue to grind sideways, especially when you consider the fact that the ECB has been major meeting this Thursday, as well as the nonfarm payroll number coming out on Friday in America. With that, we feel that this market should continue to grind sideways for the rest of the week, before finally making some type of decision.
