EURUSD remains in the uptrend from 1.2205, the fall from 1.2555 is likely correction for the uptrend. As long as the price is above the bullish trend line on the 4-hour chart, the uptrend could be expected to resume and a breakout of 1.2555 resistance could trigger another rise towards 1.2700. The key support is located at the trend line now at around 1.2340. Only a clear break below the trend line support could signal completion of the uptrend.
