EURUSD broke below 1.3698 key support, suggesting that the uptrend from 1.2587 has completed at 1.4281 already. Now the fall from 1.4281 is treated as consolidation of longer term uptrend from 1.1876, range trading between 1.3400-1.4281 would likely be seen in next several weeks.
For long term analysis, EURUSD is in consolidation of long term uptrend from 1.1876. One more rise towards 1.4700 area is still possible after consolidation.
