EURUSD continued its sideways movement in a range between 1.3333 and 1.3444. As long as 1.3444 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 1.3700, another fall towards 1.3000 could be expected after consolidation. On the upside, a break above 1.3444 resistance will indicate that the downtrend had completed at 1.3333 already, then the pair will find resistance around 1.3550.
