In the recent timeframe, the EURUSD has been exhibiting lateral motion in a defined trading range between 1.0821 and 1.0932. This trading range is likely a pause or consolidation for the downtrend that began at 1.1139; hence, there is a possibility of a further decline once the consolidation plays out.
As of now, the EURUSD pair is testing the 1.0821 support level. Should it break below this level, the price could dip further towards the next support at 1.0780. If this level is also breached, the market could aim for the previous low point of 1.0723.
On the other hand, the immediate resistance is anchored at 1.0870. An upward breach of this point could lead the pair to test the resistance at 1.0932. A successful break of this resistance could signal the completion of the downside move, potentially setting up another upward trajectory towards the 1.0998 resistance mark.