The EURUSD pair went back and forth during the day on Monday, as we continue to try to find our footing in this market.

The market will continue to see volatility, as we are simply waiting to find an overall direction in the markets.

The pair is one that I am more than willing to stay away from, and I think is a good indicator of just how quiet currency markets are at the moment.

The candle was very neutral, just as the overall attitude is in the market at the moment.

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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