EURUSD is facing 1.0851 support, range trading between 1.0864 and 1.1000 would likely be seen before breaking below this level. Resistance is at 1.1000, as long as this level holds, the rise from 1.0864 could be treated as consolidation of the downtrend from 1.1299, and further decline to 1.0600 area is still possible after consolidation. Only break above 1.1000 resistance could signal completion of the downtrend.
