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EURUSD CONSOLIDATED TO 11715 WHERE NOW!!!

FX:EURUSD   Euro / Dollar AS
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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