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EURUSD still some gas left to push it down

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Euro / Dollar Américain (PEPPERSTONE:EURUSD)  
MoneyForNothingAndPipsForFree  
PEPPERSTONE:EURUSD   Euro / Dollar Américain
Chart Patterns Trend Analysis Technical Indicators
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chartpattern trendanalysis indicator
Looks like the down move isn't done yet, I think this pair has got a little bit more gas left in the tank. Price is droping, MACD hist. has turned bearish and price is trading below both the 100 & 200 daily MA. If we're lucky we get a bounce at the 38.8% FIB and will retrace higher in order to create a channel to the downside.
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