This analysis is purely technical, no fundamentals have been taken into consideration.
EURUSD has been ranging - broke above (making a head and shoulders pattern) the channel - and went back into the range.
Now the upper pole of the channel has been reached again. We see confluence with the supply trendline, upper S&R of the channel (neckline HS pattern) and a supply zone on a shorter timeframe. Expecting a drop towards the bottom of the channel or even further towards a lower demand zone to take profit. Stop loss placed above the supply zone.