The EUR/USD pair initially fell during the day on Monday, but turned back around to form a bit of a hammer. Nonetheless, we are still within the consolidation area that we have been in for some time. Quite frankly, this is a market that is far too noisy to consider placing any real money in, and as a result we remain on the sidelines at FX Empire as the pair seems to be very tight and without a doubt very difficult to navigate at this point in time. We will of course keep you abreast of any change in our trading strategy.
