EURUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.3411. As long as the trend line resistance holds, the rise from 1.2859 could be treated as consolidation of the downtrend, and another fall towards 1.2500 is still possible. On the upside, a clear break above the trend line resistance will indicate that the downtrend had completed at 1.2859 already, then the pair will find resistance around 1.3000.
