EUR/USD Higher, German Machine Orders Flat

EUR/USD is trading at 1.1082, up 0.0027. The pair is trading rangebound and a little under the session highs. Germany's Mechanical Engineering Industry Association (VDMA) reported that September total machine orders were unchanged year over year. September Domestic machine orders rose 2 percent versus a year ago and foreign orders were unchanged, the three month average showed that total orders for July to September were down 7.0 percent versus a year ago. Some chatter about sellers near 1.1155 and buyers near 1.1010 is making the rounds.