EURUSD still some gas left to push it down

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.