EURUSD Remain in the Buy Zone

The EURUSD has mostly ignored today's softer than expected EZ CPI figures. For now, I remain bullish as long as the price trades above the 1.1710 and I suspect the traders will try to carve out a low around current levels, and then target Monday's high of 1.1961. If the EURUSD slips below the 1.1710 then traders might target the Novermber low.