It looks like EURUSD is forming a classic bullish accumulation pattern: the price has recently set a higher low and now it looks like it sets an equal high. I believe that soon we may see a breakout attempt.
Watch carefully 1.11 - 1.116 supply area. If the price breaks that to the upside I will expect a bullish movement to 1.126 structure.
If you are bearish biased wait for a bearish breakout of a rising trend line, that will trigger a bearish continuation.
Good luck!
❤️Please, support this idea with like and comment!❤️
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.