EUR/USD Multiple Resistance Point Keep The Pair From Advancing

The EUR/USD has formed 4 times resistance at the top. We could see a move down straight towards the ATR projection.

After many days of consolidation, the pair is consolidating around the top. We could see a move down as the market lacks the power to break the order block and advance above 1.2000. However, bears are also lacking the power to break 1.1945. If 1.1945 breaks we should see 1.1925 followed by a retest of 1900. In my opinion, the pair should drop.

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