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!
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