#EURUSD - PULLBACK AT HIGHER STRONG CONSOLIDATION

WEEKLY TIMEFRAME - Price is currently under the weekly 200 ema signifying a downtrend. EURUSD is also creating lower highs further validifying a downtrend.


DAILY TIMEFRAME - Price is has rejected the consolidation at 1.12416. It is currently breaking through consolidation at 1.13691, and may continue to consolidate. There is a strong possibility for price to rise to 1.15897, reject this price point, and continue to the downtrend.