EURUSD stayed in a trading range between 1.3548 and 1.3699 for several days. The price action in the range is likely correction of the downtrend from 1.3892. One more rise to 1.3800 area to complete to correction is possible. On the downside, a breakdown below 1.3548 support will indicate that the downtrend from 1.3892 has resumed, then further decline to 1.3400 area could be seen.
