EURUSD has been falling hard recently, if there is a trendline bounce along with the plotted SR touch a breakout could occur for the corrective wave channel. Look for a retest of the breakout and short.
If the price breaksout of the bullish channel with an area of consolidation or a pullback to the previous SR zones for a last kiss we can expect a sell. If not, the price could continue to make higher highers and get rejected at the trendline. Divergence can be seen on the MACD 4C confirming the halting trend.