EUR/USD has been consolidating throughout September. While it did make a higher high than in August, overall price action suggests some bearish correction ahead.EUR/USD Daily Chart(click to enlarge)Downside and Support:- If price pushes lower, let's first anticipate some support around 1.1665, the August low and support pivot. - If the USD is going to have a run, we might want to wait until EUR/USD is around 1.1110-1.12 area, where it will test the 200-day simple moving average (SMA).- It is still hard to say if bears will indeed take control at least in the short-term. If price breaks below 1.1840, and then pulls back up, look for support in the 1.1850-1.19 area. If this resistance holds, then the downside is even more likely.