13 June 2016, EUR/USD
The third wave of downward momentum is being gradually formed. The price is dropping. While the most part of investors do not believe in a further decline, but at a certain moment, the price can accelerate its movement.
You can try cautious sales after correction by setting a Sell pending order with the Stop Loss at the local Low. So, a minor corrective upward pullback may take place, whereupon the pair will resume its drop.