Under pressure by the 1.1450 resistance, EURUSD pulled back to 1.1355, suggesting that consolidation for the uptrend from 1.1118 is underway. Range trading between 1.1350 and 1.1445 would likely be seen in a couple days. As long as the pair is above 1.1350 support, the uptrend could be expected to resume, and further rise towards 1.1600 is still possible after the consolidation. Key support is at 1.1290, only a breakdown below this level could bring price back into 1.1200 zone.
