EUR/USD stuck in a narrow range around mid-1.1800s

   •  Investors still assess the latest Spanish political development.
   •  USD reacted little to today’s mixed economic data.

The EUR/USD pair maintained its offered tone through the early NA session, albeit had a rather muted reaction to today's mixed US economic releases. 

Today's release of durable goods orders, falling short of consensus estimates, did little to provide any additional boost to a modest US Dollar uptick and failed to provide any impetus to move the pair out of 15-20 pips narrow trading range.

The pair extended its consolidative price action around mid-1.1800s as investors continue to assess the implication of a victory for separatists in a Catalan vote on Thursday.

Meanwhile, investors now seemed to refrain from placing any fresh bets amid the pre-holiday lackluster trading action. Hence, today's additional US economic releases - New Home Sales data and Revised UoM Consumer Sentiment index, might pass largely unnoticed. 

Technical levels to watch

Any meaningful recovery attempt is likely to confront fresh supply near the 1.1875 region, above which the pair is likely to make a fresh attempt to conquer the 1.1900 handle.

On the flip side, weakness back below 1.1835 level now seems to accelerate the fall towards the 1.1800 handle before the pair eventually drops to 50-day SMA support near the 1.1765 region.