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Getting closer!! EURUSD WHICH WAY WILL IT GO!

FX:EURUSD   Euro Fx/U.S. Dollar
124 2 1
So As we can see on the chart above.
- Getting mighty close to our rising 2012 trend line
- MA 50 has dropped below our 200 MA indicating some bearish momentum
etting mighty close to dropping below support of 1.3519
- Very Bearish start to the week

I'm placing a sell order below 1.3500 and hopefully with some right words from Yellen we may have ourselves a downside break!

On the flip side there may be an opportunity for a long position given the RSI is approaching the lower end of the spectrum but will wait for a better signal as I don't think the fundamentals match.
Update.I'm still in this trade. A whole lot of event risk coming up so i'm going to tighten my stop loss to lock in the profit I have now and will let this one fly!
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UPDATE:

Positive Data for both sides and we are seeing some indecision from the market. On a shorter time frame you can see that when the EUROZONE data came out there was a spike in the EURO but it was quickly SOLD out..
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