As we all know , the EURUSD has been bullish for the last 3 months, one of the major things that makes the EURO gain is the U.S presidential election !!!
Now I have doubts that U.S will turn everything upside down, I think - not sure - bulls time probably is over or will over very soon !!!,
Anyway, I think the long term bearish trend may resume soon, we'll find out the next few coming weeks, technically, according to monthly chart, as long as 1.3171 holds, the bearish trend may resume strongly at any moment ..
As long as 1.3171 holds, the EURO may end this month or the next month somewhere around 1.2400 levels....