nshevche
Short

EURUSD is in consolidation area

FX:EURUSD   Euro / U.S. Dollar
EURUSD             is in balance now.
There are 2 options in this case:
1. Trade from the balance level in the previous trend direction. (previous - down trend)
2. Trade after consolidation will be break up/down.
If the prise stays within balance it is a good idea do not trade at all, otherwise you'll get a loss.

Trade recommendations:
1. Sell after balance high level will be false broken.
2. Waiting for balance will go down then we'll sell it on correction to balance level.
Order cancelled: It looks like a false break down
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