EUR Futures: looks bearish/neutral near term

Open interest in EUR futures markets from CME Group noted investors added around 2.5K contracts to their open interest positions on Monday, reaching the fifth build in a row. On the flip side, volume receded by almost 48K contracts, the second consecutive drop.

EUR/USD does not rule out a test of 1.1100

EUR/USD remains under pressure so far this week and still targets a visit to recent yearly lows in the boundaries of 1.1100 the figure. However, persistent shrinking volume could remove some strength from the decline in the short-term.