EUR/USD keeps the consolidative mood above the 1.08 mark.
Interim resistance emerges at the 55-day SMA at 1.0948.
EUR/USD is prolonging the consolidative note so far this week, always supported by the 1.0800/1.0780 band.
Further consolidation appears well on the cards for the time being, although the inability to probe or better clear the 55-day SMA at 1.0950 in the short-term horizon carries the potential to encourage sellers to return to the market on a more convincing fashion. This hurdle is also reinforced by the proximity of the 2-month resistance line