EUR/USD last deals at unchanged.........>

EURO-DOLLAR: EUR/USD last deals at unchanged levels ($1.1680), holding to a 20

pip range thus far.

- Monday saw the rate benefit from the softer USD tone, although it failed to

trade above $1.1700 after basing ahead of the 21-DMA. There was little reaction

to comments from ECB's Coeure and an in line final EZ CPI release on Monday.

- The pair's close above the 100-DMA brings down trendline resistance from the

July high into view, a break of the Aug 28 high ($1.1733) and $1.1750 level

would provide fresh bullish impetus and trigger a large inverse

head-and-shoulders formation. Bears now need a close below $1.1600 to shift

focus back to the downside.

- Participants now look to addresses from ECB's Villeroy & Draghi due later

today.