EURUSD has broken out of a consolidation period it has recently retested before finding further bullish momentum. There's nice confluence for a potential shorting opportunity. This confluence consists of a zone that has more or less acted as support and resistance many times over the past 10+ years. Additionally, there is a main downtrend line that would give a 3rd test after it's establishment. Furthermore, I've marked a couple of potential channel top trendlines that could act as resistance. Last but not least, the 61.8 fib retracement of an impulsive move lines up nicely around this zone. As this is a weekly chart analysis, I'll be monitoring the daily chart for a lower timeframe entry. With weekly chart analyses, patience plays a crucial role in finding the best entry and minimizing risk.