Since EURUSD has ended the final Elliott wave, it has been moving sideways simply because it's in the process of a major correction.
By now, it seems clear that an ABC correction is in the process and we are probably in the BC section since the price has broken below a rising channel which consists of 2 bullish waves.
This week, we will wait for an upward pullback towards 1.2120 -1.2150 to sell, targeting 1.89 and beyond.