EURUSD has been consolidating within a broad range since March 2015,we are now breaching below the lower 1.0465 level indicating further downside is to be expected. I will be uploading another chart for the daily soon after this, you'll notice the pair has moved below a multi month descending channel.
Very short term the pair is likely to drift toward the 1.03 levels, in the event of a break below and extending the correction we can see 1.0180 and 1.00