EUR/USD | Further drop incoming? (READ THE CAPTION)EUR/USDOANDA:EURUSDAmirAliTradingBy analyzing the hourly chart of EURUSD we can see that it has been consolidating after a long bearish run, which started from 1.1639 all the way to 1.1443, and now is being traded at 1.1465. After today's open, EURUSD went back to it once and bounced back up but it dropped back again and is consolidating above the March 31 NDOG. I expect EURUSD to go back to it once more and then bounce back up. Eyeing 1.1485 as resistance and if EURUSD goes through it, it can reach 1.1500. However, if GBPUSD fails to stay above the NDOG and drops, it could go back again to the 1.1443 level that it reached last night to sweep the liquidity there again and hit the Bullish OB and then go back up. But if it fails to bounce back up, first target will be 1.1411 and 1.1400! Bullish targets for EURUSD: 1.1475, 1.1482, 1.1489 and 1.1496. Bearish targets for EURUSD: 1.1455, 1.1445, 1.1435, 1.1425, 1.1415 and 1.1405.