EURUSD moved sideways in a trading range between 1.1823 and 1.2092. As long as 1.1823 support holds, the sideways movement could be treated as consolidation of the uptrend from 1.0569 (Apr 10 low), and another rise towards 1.2165 is still possible after the consolidation. On the downside a breakdown below 1.1823 support could indicating that the uptrend had completed at 1.2092 already, then the following decline would take price towards the next support level at 1.1662.
