Since 2008, the EURUSD do pair has been in a downward channel.Current movements seem to allow for some correction of EURUSD, however the long term trend of the EURUSD goes only one way-down. Even if all hell breaks loose, the EURUSD should not break the downward trend line and would at most reach 1.17-1.20 levels before falling, in years, to around 1.Another possibility is a free fall of EURUSD below current downward channel, if something especially drastic takes place, such as an unraveling of derivatives market which may be caused if Greece defaults. What is key, however, is selecting an efficient point to enter a short. A probable opportunity would be a slowdown of current correction, and a corresponding increase in bollinger band width. What confirms the fact that any uptrend is merely a correction is this- bollinger band width increases during down moves, but reduces during up moves...