EURUSD Trend update

• Four hour chart shows price trending down below the cloud.
• Now most of the consolidations that happen from here will act as continuation patterns until crucial resistance levels are broken.
• One such level shown in daily chart is 1.3836, This level will act as resistance. Price has to close above this level to reduce bearishness of the current trend.
• Price is staying below 50 week, 200 Daily and crucial trend lines. So selling into resistance levels will be an easy trade to take.