Usually after a big move the price consilidates for a while.
It looks like the consolidation will continue, and if so it´s likely to go up to latest highs, if not this is a very small risk.
Usually before an upswing it goes down violently, which is happening right now.
The fast support could be a launchpad for next wave up.
A nice risk/reward ratio, the trendline just have to hold.
1) Broken uptrendline 2) Instact downtrendline 3) Failed at resistance level
Failed at resistance and are now breaking trendline.
The downtrend accelerated and that usually means it is near the end.
My EA (that according to backtests works in the long run for all currencies) is signaling a long here.