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EURUSD Short // Trendline Continuation

Short
FX:EURUSD   Euro / U.S. Dollar
Friday's closure left price forming a hanging man candle. From this, as well as price rejection of 1.189, we can see a continuation of the downward trendline. Next week price action has potential to move to the downside support region around ~1.17220. From there, two alternate scenarios may potentially play out.
(1) Pullback from 1.17220 region and retest of downwards trendline
or
(2) Continuation of downtrend and pullback from 1.16.
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