The EUR/USD has the high probability will pull back to 1.200 before resume the down trend to the trend line because of some reasons:
- RSI is oversold.
- MA 50 may act as temporary support.
- The price action righ now show many traders close profit.

If it is a case, the MA 50 support is valid, a short buy is possible.

For the big picture, the sell on this pair is more safe when the price pull back to 1.2000.