EURUSD remains in downtrend from 1.3411, and the fall extended to as low as 1.2826. Near term resistance is at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at 1.2600 area. Key resistance is at 1.2994, only break above this level will signal completion of the downtrend.
