The EUR/USD pair has bounced from its support zone on a 30 minute time frame. This support zone is not a fresh level as the price has already visited this level few times therefore, the price may be able to break this support zone if it visits this level again. The pair has broken its upward channel which means that the upward trend is no longer stronger. Moreover, the price is also trading below the 50 day (shown in green) and the 100 day (shown in yellow) moving averages which further confirms that the bulls are losing their control.
However, the RSI is trading in line with the price action which means that the bias could be to the upside.