The market appears very calm after all the drama last week. EUR/USD made a small move to the upside after the elections in Greece on Sunday and after that began a narrow range. The way things are going it appears the pair is not about to break below or above it any time soon and we will likely have to be patient and wait for Monday at the very least for any changes. In my opinion the target of this consolidation is somewhere around 1.1500, but once the pair reaches that level the bearish trend will likely continue and it will head for 1.1000 again.