Eur continues to decline in a systematic manner, yesterday, Eur formed a free weekly low and is still very bearish. Today, and in the coming week, I expect a decline towards 1.2085 and may break even lower. If you're not short already, you could wait and resell Eur upon a break below 1.2085, or re buy it upon a bounce from 1.1708. As it is on the weekly chart above, only a sell position can be recommended, but if the price can rise above 1.2500, or bounce from 1.1708, then these will be the ideal places to buy Eur.
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