EUR/USD possible uplift in coming week?

FX:EURUSD   Euro Fx/U.S. Dollar
77 0 4
EUR/USD             is building a bullish flag (blue) in a descending trend channel. The upper Trend reistance of the bullish flag is confluencing with the bigger bearish channel (red).
Two possible scenarios.

1. EUR/USD             will rebound on upper trend channel and hence will offer some good short entries
2. EUR/USD             will break through the upper trend channel and create some nice demand for a long entry.

I will focus on a Long set up.

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