The EURUSD continues to consolidate following Monday’s 100-pip rally. Tuesday’s session formed an indecision candle, and Wednesday was an inside day which illustrates more consolidation. So far, today’s price action hasn’t ventured outside yesterday’s range either. It seems buyers and sellers have yet to decide which direction they want to take the single currency from here. But this sideways movement can’t last forever. At some point, EURUSD is going to break from consolidation, which could provide an opportunity. I would say the 1.1180 support is a “must hold” level for buyers. A move below 1.1180 could be the ... (full story)