EURUSD failed to breakout of 1.2555 resistance and stays in a trading range between 1.2154 and 1.2555. Another fall to test 1.2154 support would likely be seen next week. As long as this level holds, the price action in the range could be treated as consolidation for the uptrend from 1.1554 and another rise towards 1.3000 could be seen after breaking above 1.2555 resistance. On the downside, a breakdown below 1.2154 support would suggest that lengthier consolidation the uptrend from 1.0340 (Jan 3, 2017 low) is underway, then the pair would find next support level at 1.2050, followed by 1.1700.
