I'm aiming with this short for the 1.00000 price level, which has to be retested in my opinion before any new highs happen.
Price felt bellow 13 and 20 MA and couldn't manage to close above the MAs' again.
EURUSD closed the weekly candle with a long legged Doji outside the bollinger band.
Not to mention the massive support zone we have around 1.0510.
This could activate a rocket correction from the last 14 days of downtrend.
Another interesting thing is the movement from November 2015.
After weeks of downtrend the price turned in the last November week at 1.0510...
