EURUSD’s downward movement from 1.3892 extended to as low as 1.3548. Key resistance is at 1.3655, as long as this level holds, the downtrend could be expected to continue, and next target would be at 1.3450 area. On the upside, a break above 1.3655 resistance will indicate that the downward movement from 1.3892 had completed at 1.3548 already, then the following upward move could bring price back to 1.3800 zone.
