EURUSD stays in a trading range between 1.3653 and 1.3914

EURUSD stays in a trading range between 1.3653 and 1.3914. As long as 1.3653 support holds, the price action in the range is treated as consolidation of uptrend from 1.3146, and one more rise to 1.4000 is still possible. On the other side, a breakdown below 1.3653 could indicate that the rise from 1.3146 had completed at 1.3914 already, then the following downward movement could bring price back to 1.3500 zone.

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