EURUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.3650. Further decline could be expected, and next target would be at 1.3300 area. Only a clear break above the trend line resistance could signal completion of the downtrend.
![eurusd chart](https://www.forexcycle.com/wp-content/uploads/2014/20140724_EURUSD_1.png)