Trading recommendations:
The market is in downtrend. Moreover, the trend was so clear because the price moved higher to 1.3821 (the wekly pivot point). But it should notice that the price of EUR/USD pair has been rebounding lower from the weekly pivot point (1.3821). According to the previous events, the price of EUR/USD pair is going to move between the level of 1.3825 and 1.3760. It should also be noted that the range will be around 70 pips today. If the price is below the weekly pivot point, then the level of 1.3820 is the key level to confirm the bearish market. Sell below the level of 1.3820, with the first target of 1.3786 in order to form a double bottom in H1 chart. Another thought, if the price will be able to break the double bottom and close below the level of 1.3780. Consequently, the price will call for strong bearish market to go further towards the level of 1.3756. This level is representing the weekly support 2.