At first I thought that EUR/USD might break the resistance at 1.1350, because it was testing it very stubbornly, but today I am not so sure any more, since it formed a marubozu and a spinning top candlestick right under the resistance. It is likely that the pair will move to the downside again and either continue the bearish trend or form a double bottom and then continue the correction. It all depends on how the pair behaves when it reaches the support at 1.1150. Personally, I think that it’s high time for some proper correction, because the pair is very oversold.