After careful analysis and chart pattern recognition I have identified an opportunity to take yet another short position on this EurUsd currency pair. I have spotted a weekly high resistance near the 1.17100 area with some consolidation is seen at the 1.16400 level. I am short on this pair with a downside target #1 at the 1.14500 level and a target # at the 1.1300 - 1.12900 zone