EURUSD stays in a bullish price channel on its 4-hour chart and remains in the uptrend from 1.1527. As long as the price is in the channel, the fall from 1.1790 could be treated as consolidation for the uptrend, and further rise to test 1.1851 resistance is still possible after the consolidation. Key support is at 1.1690, only a breakdown below this level would confirm that the upside move had completed at 1.1790 already, then another fall towards 1.1500 could be seen.
