Memorial Day trading has not been much different from any others. There were some moves in the EUR/USD coming off a low around 1.3610. (eurusd 1h chart)In the 1H chart, we see that traders put in a double bottom to begin the week. If EUR/USD can clear 1.3650 and push the 1H RSI above 70, we are in a bullish correction against a prevailing downswing. The upside risk is limited because of the prevailing wind, and there is resistance in the 1.3685-90 area, 200-hour SMA and a previous resistance. If there has not been a change to the short-term trend, traders should be looking to sell off the current rally attempt.To the downside, 1.36 remains the level to break to open up further bearish outlook towards the 2014-low around 1.3475.