EURUSD breaks below the upward trend line on 4-hour chart, suggesting that lengthier consolidation of the uptrend from 1.2288 is underway. Support is at 1.2500, as long as this level holds, the uptrend could be expected to resume, and another rise towards 1.2800 is still possible. On the downside, a breakdown below 1.2500 will indicate that the uptrend from 1.2288 has completed at 1.2747 already, then the following downward movement could bring price to 1.2000 area.
