EURUSD Dec 27

The EUR/USD is still consolidating below 1.1100 support become resistance level. At the same level, the 20 and 50 periods EMA are extending resistance to the EUR/USD pairs. Closings of candles below 1.1100 suggesting odds of bearish trend continuation. On the lower side, the EUR/USD has an immediate support around 1.1065 while the violation of 1.1100 can lead the EUR/USD prices towards 1.11350 resistance.