Let's take a look at the EUR/USD as we work on our FX Street technical projections.
We see some pretty strong trend lines in the daily chart and it looks like we're potentially going to see a little more selling action to test some of these lower trend lines.
Look for the pair to test the middle trend line (on chart). If we see a strong break of the trend lines, then we may see a continuation down to the 1.2500 area then to the 1.2000 area (test the low from 2010).
Good luck with trading.