EURUSD remains in downtrend from 1.1616 (May 3, 2016 high), the price action from 1.0340 is likely consolidation of the downtrend. Resistance is at the top of the price channel on daily chart. As long as the pair stays in the channel, the downtrend could be expected to resume, and further decline to 1.0000 area is still possible after consolidation.
