EUR/USD is slightly higher in the early interbank market, trading around 1.4200 after a 1.4170/1.4220 range in the usual thin market conditions.
We can expect more choppy trading conditions this week with pairs like EUR/CHF and AUD/JPY giving much of the leads. July is fast approaching meaning that holidays begin in earnest so we will see more position liquidation this week.
Good luck today.
