EURUSD is facing the support of the bullish trend line on its 4-hour chart. As long as the trend line support holds, the fall from 1.2555 could be treated as correction for the uptrend from 1.2205, and another rise towards 1.2700 is still possible after the correction. On the downside, a clear break below the trend line support would indicate that the uptrend had completed at 1.2555 already, then deeper decline towards 1.2165 support could be seen.
