Three major events for global markets are getting closer:
December 11 - Fed
December 12 - ECB
December 12 - British parliamentary elections
Movements in the markets stop before such a package of important data: large investors do not want to open positions until they receive full information - and without large players, big movements are impossible.
Therefore, we see a narrow consolidation in the euro, pound, franc and yen.
However, sometimes the market begins to move before the release of strong data - you need to be ready for this option.
Keep buying EUR/USD from 1.1035, stop at 1.0990.
Be ready to buy at a break of 1.1115 up.
Be ready to sell at a full reversal from 1.0980 down.
