I'm seeing a potential setup on the EUR/USD daily chart tonight that might turn into a trading opportunity for me.  The pair is at a major rising trendline, and is respecting the trendline... so far.  Here's the chart:

The prevailing trend is up, so I'm still bullish and expecting a bounce. If the pair bounces, I'll catch it near the bottom of the channel with a long position. However, I'm ever-aware of the possibility that the uptrend may be running out of steam, and we could see a breakdown. It's at a key turning point, and I expect the next day or two to tell us which way she's headed.