Looking at the EUR/USD after the Chinese damage, we can see, that eighter the mentioned (blue) line is broken, or is moved high.

• If is moved high (e.g. blue line is now on place of red line), the prognosis are that EUR will go down, at least until the middle (green) line. I do not think it will go future down, but will bounce from middle line, because of fundamental reasons.
• If triangle top is broken, then, the triangle top now should be support. This is what we saw 2 days ago. Even that, the support must be tested several times now, at least for next 2-3 days.

So conclusion is use the drop to buy EURos. ;-)