I believe that the EURUSD will bounce off the upper trendline, and then form the correction part of the "N" wave. There will be support from the lower trendline. Using the "V Calculation" I predict that the price will reach to 1.1775 by the end of the year.
Potential short idea for EURUSD, I feel that this is right about the time where EURUSD will have a pretty big retracement...
Top of Channel: 1.1260
Bottom of Channel: 1.1167
Weakening trend from CCI indicator...