EURUSD has consolidated 200pips to 11715 within the 1st consolidation zone of 11730-11700 as long as it is below 11823 it could be consolidating and then break lower below 11715
On the break of 11730-11700 expect: 11638 +/-(15pips), 11586 +/-(15pips) or 11527+/-(15pips)
Above 11823 the upper resistance zone would be active: 11840-11860 and above here 11890-11910. Break above 11910 then 12100 zone exceeding 12100 then 12575 will be next. Short term downside probable but caution warranted as upside probable too.
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