After the news spike, EURUSD has now fallen below a confluence of the trendlines belonging to the short-term ascending and descending channels, the 50% retracement of the latest leg lower, and the multi-year ascending trendline (thick green line). It retested the pre-news lows and now came back to the monthly opening at 1.1370 from the underside. I case the price does produce an hourly fifth wave lower as shown on the chart, at least a tactical short could be considered along the lines of the presentation.