The EURUSD pair fell slightly during the course of the session on Monday, as we simply meandered below the 1.10 level.

With this, the market looks like its essentially grinding lower, but there isn’t too much to move the markets at the moment and we also have to keep in mind that the time of year is in exactly one that fosters massive moves.

With this, we will simply anticipate a move slower, perhaps short the market on short-term charts, but that’s about it.

This is going to be a scalpers market at best.

Editor’s Note: Equity investors/traders can use the Currency Shares Euro Trust (FXE, quote) ETF to take positions in the euro without a FOREX account.  The ETF looks to track the price of the euro (EURUSD), minus ETF fee. The fund seeks to reflect the price of the euro with the shares representing a cost-effective investment relative to investing in the FOREX market.

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