EURUSD broke below the lower line of the price channel on 4-hour chart, suggesting that the uptrend from 1.3296 (Nov 7 low) had completed at 1.3810 already. Deeper decline would likely be seen over the next several days, and the target would be at 1.3400 area. Resistance levels are at 1.3725 and 1.3810, only break above these levels could trigger another rise towards 1.4500.
