EURUSD is in short term downtrend. The fall from 1.4360 extends to 1.3313 level. Deeper decline is still possible in a couple of days, and target would be at 1.3200 zone. Key resistance is located at 1.3658, a break above this level will indicate that a short term cycle bottom has been formed, and further rebound could be seen to 1.3850 zone.


EURUSD 4H Chart