After a false breakout of the Triangular Consolidation, EURUSD has had a minor drop and now moved into an extended rectangular consolidation.
This consolidation is a continuation pattern, that should be completed with a definitive breakdown.
So why is price hanging around the Supply Zone ? Maybe the Smart Money has not completed their orders as yet. Look for a spike with no volume to the upside to the Supply Zone.
After this, real play is likely to happen, and volume surge as the Smart Money press the Sell Pedal.