It is Monday and as it tends to happen more often than not, most pairs are in consolidation on Monday. EUR/USD certainly is. Range has continued for days now and it does not look like it is about to end any time soon. The pair formed a doji and what looks like an inverted hammer candlestick in the daily filter chart right under the resistance at 1.1440, so it will likely fall again until it reaches the support around 1.1340, but I expect it will bounce back after that. Considering that U.S. Fed will releases minutes from Jan. 27-28 FOMC meeting Wednesday I think we can expect some volatility on 18^th February.