EUR/USD is currently trading at 1.1192, largely rangebound in quiet Asian Session and as Japan holiday continues.
- The pair idles just above 1.1200, with day's high at 1.1206 and lows at 1.1183
- Short-term bias lower, sentiment has turned bearish due to dovish ECB, expectations of further easing from the central Bank on the rise
- The dollar hovered near its highest level in nearly two weeks on Tuesday, after comments from Fed officials kept rate hike expectations for this year alive
- Dollar index eases, but remians close to Monday's near 2-week high, was trading at 95.822, down 0.1 pct but still near Monday's high of 95.978
- Immediate support for the pair seen at 1.1170 (September 10 low), while resistance on the upside is located at 1.1210 (200 DMA)
- Euro Zone flash PMI and German IFO due later in week will provide further direction
