The EUR/USD continues its sideways movement in a range between 1.2796 and 1.2998. Key resistance is at 1.2998. As long as this level holds, the sideways movement could be treated as consolidation of the downtrend from 1.3242; another fall to test 1.2747 support is still possible. However, a break above 1.2998 resistance will indicate that the downtrend from 1.3242 had already completed at 1.2796, then the following upward movement could bring price to 1.3500 zone.