The situation remains uncertain as incomplete. Playing the downside now is a rather delicate action. Although probably less than playing the upside. But since we have to take the plunge, and if we absolutely have to try to enter at the top, then :
The euro may already be bearish, but the situation is still reversible.
Prices are currently rebounding downwards, but the pair is the object of much attention. It is therefore essential to remain cautious until the downtrend has reached its point of no return.
1- For this rebound point to be validated, its top must remain inviolate. Any return above it would invalidate the rebound.
2- Prices must break out from the bottom of the bullish retracement channel in order to legitimize the bearish scenario and ensure that it is not a simple retracement.
3. Here, this will take the form of a symmetrical triangle pattern broken from below (= end of indecision, the market chooses the downside).
3 - Finally, a pull back confirming the scenario will definitively validate the decline.