EUR/USD closed higher on Monday while extending the trading range of the past four weeks. The mid-range close sets the stage for a steady to higher opening on Tuesday. Stochastics and the RSI are turning bullish signalling that sideways to higher prices are possible near-term. Closes above the reaction high crossing are needed to renew the rally off July's low. If it extends the decline off July's high, July's low crossing is the next downside target.