EUR/USD 2 Year High - Will it retract?

EEUR/USD Near Term Setup for a Short

• Price will retest resistance levels from September 2015 upon reaching 2 year highs
  
• If the currency pair continues the pattern shown in the horizontal channel it is likely that it'll fall
  
• Moving average cross over has not confirmed a chance in trend direction as yet. Entry should be made once this is confirmed.