the EUR/USD is showing bearish momentum but the support zones at 1.1725 and 1.1640 could send price back upwards to retest the resistance trend line. A larger breakout is only likely when price breaks above this resistance line at 1.1825 or when price breaks below the bottom at 1.1550 for an expanding correction.
The GBP/USD also offered a strong bearish momentum candle on the daily chart but price will need to break below the support zone before more downside can be expected. A 2nd bullish bounce could see price retest 1.34 again.
Check out the video for the full analysis and trade plans on 17 – 18 December 2017: