EURUSD failed to break above 1.1179 resistance and pulled back to 1.1120 area. Deeper decline would likely be seen in the coming days and next target would be at 1.1073 support, below here could signal completion of the uptrend from 1.0879. On the upside, as long as 1.1073 support holds, the price action in the trading range between 1.1073 and 1.1179 could be treated as consolidation for the uptrend, one more rise to 1.1200 area is still possible after the consolidation.
