EURUSD (1.1662): The EURUSD currency pair was seen posting a doji pattern on the daily chart. Price action continues to remain trading subdued within the range established from last Friday. The strong consolidation is likely to result in a breakout from the range. To the upside, the resistance at 1.1730 is likely to keep a lid on the price action while to the downside, a break down below 1.1610 could trigger a dip back to the previous lows at 1.1540.
