Since Tuesday the major EURUSD has been consolidating in a tight range of 150 pips, between 1.1650-1.1500. A well settles above 1.1650 could open to 1.1690-1.1710. On top of it, a daily close above 1.1710 could boost further to 1.1850 last week’s high. Flipside supports are at 1.1590, 1.1530 and 1.1500. Q2 range remains between 1.1450-1.1850 with an additional support at 1.1390.
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