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EURUSD: Consolidation & Completed Indecision đŸ‡ȘđŸ‡șđŸ‡ș🇾

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Euro / USA-dollar (OANDA:EURUSD)  
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OANDA:EURUSD   Euro / USA-dollar
Support and Resistance Supply and Demand Candlestick Analysis EURUSD DJ FXCM Index USD dollar Forex trading Technical Analysis Contains image
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supportandresistance supplyanddemand candlestick eurusd usdollar usd dollar forex trading technicalanalysis containsimage
snapshot

EURUSD is currently trading within a narrow range between 2 solid horizontal structures.
Depending on the reaction of the price to the underlined zones, I see 2 potential scanarios.

Bullish
If the price breaks and closes above 1.1055,
I will expect a bullish continuation at least to 1.113.

Bearish
If the price breaks and closes below 1.091,
a bearish movement will be expected to 1.0855.

The inflation data is coming on Thursday and it will most likely be our catalyst.

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