$EURUSD

EUR/USD is consolidating below 1.1800, the pair seems very undecided despite the shooting star candlestick on the daily time frame.

 

EUR/USD rebounded from 1.1710 and is rising again. It looks like the sideways consolidation will become even narrower.

 

EURUSD is in the correction today. But until the price is above 1.1805 it's interesting to find entry points up.

 

The pair broke out below the last low at 1.1800, it will likely continue dropping towards 1.1720.

 

The Daily candle broke through the support level yesterday, so the Daily trend is bearish now

 

day chart looks more like ranging to me.
so if you do swing trade, it is going to be rather challenging.

 

It is ranging at the moment indeed. The breakout below 1.1800 was misleading, unfortunately.

 

The Daily trend remains bearish, but the price may hit soon the next support level, so retracement may occur around price marks of 1.1730-1.1710

 

I agree with you, next week we may see some retracement from those levels.

 

It has already started, H1 trend is bullish now