EURUSD is in short term downtrend from 1.1860. Deeper decline towards the resistance-turned-support level at 1.1690 would likely be seen. A breakdown below this level could take price towards 1.1554. Below here could signal resumption of the downtrend from 1.2092 (Sep 8 high), then next target would be at 1.1400. Near term resistance is at 1.1820, only break above this level could trigger another rise to test 1.1879 resistance.
