EURUSD formed a sideways consolidation in a range between 1.3502 and 1.3676. Resistance is at 1.3676, a break above this level will indicate that the downtrend from 1.3993 (May 8 high) had completed at 1.3502 already, then further rise to 1.3800 area could be seen. On the downside, a breakdown below 1.3502 support will signal completion of the downtrend from 1.3993, then next target would be at 1.3300 area.
