It shows that EURUSD now is in a good confluence area provided by 1.3810 support area and weekly falling trendline support. We have seen a nice rejection from this area. A bearish movement is expected now. But there is a barrier offered by a rising trendline. So, first, we need to wait to break this trendline then we can expect it to go to the target 1.3620 followed by 1.3550.


EURUSD technical view