CONSOLIDATION 11846-11720 OR BREAK DOWN!!!

From 11846-11720 today low so far is about 126 pips , what happens from here it either consolidates this move
between 11720-11770 or can exceed to 11790 then continue lower.
11720-11688 is now crucial as it could consolidate within the 11846-11720 price zone for some time.
Break above 11800 = 11820-11846-11909.
Break below 11720= 11700-11688 then:
11638 +/-(15 pips), 11586 +/-(15 pips)

Caution is warranted, expect the unexpected as it will be a ride on the wild side.

Comment:

Previous low of 11688 has been breached by 1 pip... is it enough maybe, 1 more low probable to price zone of 11638/11587.
upside resistance 11770-11730, above here then higher prices.