EURUSD is set to continue its downtrend

EURUSD continues to form a downtrend. The price is trading below the key resistance level of 1.0333. Earlier, from Monday's opening, the market formed a gap, which has already managed to close and after a false breakout of resistance, the currency pair is trying to consolidate in the selling zone.

Scenario: If the price fails to break the resistance at 1.033 and consolidation is formed under the level, indicating that the market is not ready to grow, then in this case we will have a chance to catch the continuation of the downward movement. The target of such a move could be the area of interest 1.022 - 1.0176