The black line which is very unlikely is that overnight before 8:00 gmt when the market is still inactive, predicts that the of the eurousd will reach above 70 and enter the overbought zone. This route is very unlikely before 8:00 GMT but once the market becomes active the likelihood will rise.
The red line suggest that trend will break current at the red line and then test the previous at the orange line and ultimately fail. A break and close above the orange line would suggest a reversal which is highly unlikely especially with the ECB taking a dovish stance on rate hikes.
The blue line suggest that because of the markets previous bounce from the support at the 1.6134 the retrace will occur within the next few candles allowing the bears to resume control of the eurousd market possibly pushing the trend down to 1.61500 levels. This route is very likely because the is approaching "Overbought on the 14day and 10 day RSI", the market is currently at the start of reversal that occurred last week after our long impulsive move down. Our trend is creating lower lows and lower highs indicating the bears are in control.
Our job has traders is not to tell where the market is going but to make predictions based off facts and analysis.