EURUSD is approaching the critical bottom of a large rising wedge, after having maxed out at the .618 time Fib and .886 price Fib.
Daily RSI indicates a break down of the wedge. But, watch out for the mid-line of the forming white price channel. It could put a floor under the pair’s decline around the .886 of the red grid.
Are you expecting a bounce for EUR when it hit the blue box target, then further down? or no more down after it hit the target?
Does it look to you like VIX will touch 13.47? It looks likely to me.