Euro$ ...The prognosis looks like we have a new swing low

Here are two very simple studies on Euro$ monthly charts going way back. Simple forks/Median lines (the red forks are Mod Schiff...again using obvious pivots) which to me indicate that we may have our new swing low. I have included the grey ML set even though price has 'left the building' as it must be considered the most important historic recent fork as it has caputured the vast majority of price action if you include the 'handle' and price has now returned to the UMLP.
The two ML's in play seem to be the black upsloping( this is the most important as we already have several touches on the LMLP and two on the CL) and the red up/Sl Mod schiff. The other red Dn/Sl Mod Schiff is included as it describes perfectly last years swing high but as price has not reached the CL we are going higher provided we do not go down to 0.8000 !!. Price could drop through the black LMLP below the red CL but i consider this unlikely as have a look at the Bollinger Bands and Macd indicators and the market is already heavvily over extended to the downside...The divergence is also there on the weekly chart and on the daily chart even more pronounced.......so from these two charts basic analysis concludes we could have reached the low on the euro.