EURUSD stays in a trading range between 1.3586 and 1.3668. As long as 1.3668 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 1.3993, and further decline to 1.3500 area is still possible. However, a break above 1.3668 resistance will indicate that the downtrend had completed at 1.3586 already, then the following upward movement could bring price back to 1.4000 zone.
