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EURNZD Sliding Down

FX:EURNZD   Euro Fx/New Zealand Dollar
142 1 1
If I read it well, the down trend should continue for some time. First price failed to reach the upper median line parallel, which has spawned the down move that - based on dr             . Andrews' studies - often makes the same extent from the lower parallel to the down side as it did to the up side. Yet the trend will probably slow down in the process, as it will keep expending its energy.
On the daily chart we're still in an up fork, but having trouble in making any progress.
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