On the big scale EURUSD trend is negative and selling on the rallies up makes sense. Until trend line is not broken it could go down till 1.3600. For the short term pair is in consolidation mood, between resistance at 1.4225 and support 1.4043.

EURUSD
EUR/USDTrendSupportResistance
Short TermNeutral1.4043 1.4225
Long TermNegative1.4043 1.4421