EURUSD is in consolidation of the downtrend from 1.2569. Range trading between 1.1459 and 1.1870 would likely be seen in a couple of days. Key resistance is at 1.1870, as long as this level holds, the downtrend could be expected to resume, and another fall towards 1.1300 is still possible.
![eurusd chart](https://www.forexcycle.com/wp-content/uploads/2015/20150121_EURUSD_1.png)