The EUR/USD pair initially tried to rally during the beginning of the session on Monday, but turned back around and fell back into the consolidation area. The 1.3350 level offered support though, and as a result it looks like the market is going to continue to go back and forth during the course of the next couple of sessions. With that, we are not necessarily willing to put any money into this marketplace, as it simply looks like it’s going to be far too tight in the meantime. If we get below the 1.33 level, we could fall apart.
