EURUSD continued its sideways movement in a 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, another fall to 1.3500 area could be expected after consolidation. On the other side, a break above 1.3668 resistance will signal completion of the downtrend, then the following upward movement could bring price to 1.4000 zone.
