The EUR / USD continues to consolidate in a range between 1.1508 and 1.1854 since the beginning of June, furthermore the uncertainty prevailing in the market because of the commercial war that has set off and which has created more worry in the market keeps the intraday bias neutral.
A bullish recovery can not be ruled out but should be limited by resistance at 1.1854.
On the downside, the clear break of the 1.1508 level will resume the downtrend and the next target will be the support level 1.1450 50% retracement from 1.0354 to 1.2555.
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