Earlier at 4-hour graph the EUR/USD pair has formed the Shooting Star candlestick which gives a bearish sign.
This candlestick formed after that the currency pair had made a huge upward motion, but a breakthrough failure of 1.3439 led to a rollback. It means that here the bears have probably started to increase their impact. 
A breakthrough of Fibonacci correction level 23.6 will mean that this point of view is correct. In this case the downward movement to the support level at 1.3155-1.3140 where the Fibonacci correction level 38.2 is located.
On the other hand, when overcoming the resistance level at 1.3439 it is recommended to close short positions as the breakthrough of this mark will open the way to 1.3688.
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