The overall structure of lower highs remains intact as shown on chart(arrows). That keeps the longer term bearish trend in place. . As the price attempts towards the long term 200-days simple moving average last week were rejected, placing a new swing high.
On Friday the pair has broken back below the 50-days simple moving average and the short term horizontal support at 1.3710. This break below 1.3710 suggests the short term bias may have turned bearish again. We might see a bullish bounce to retest the broken 1.3710 before resuming the downside if the level holds. Next potential targets at 1.3625 and 1.3570.