EURUSD Consolidation to downside trend.

EURUSD is trading near its resistance zone. Also, it is trading at 62% Fibonacci retracement levels, which will be a crucial level for EURUSD. Considering the chart pattern and important price levels we think, we might see consolidation to downside in EURUSD pair. Trade can be initiated for the short side with a trend as consolidation to the downside with proper risk management and stop loss.

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