According to the D1 time frame with EMA20, the price reaches the main resistant area.
There would be a good position to place a short order, if the price could not go beyond the resistant area (Stop loss area).
For the short order, the price itself could trace back to the original position where it was (D1 time frame, Take profit area). Anyway, still waiting for...
Regarding my analysis, there would be another bullish trend here on EURUSD.
Anyway, still waiting for the price
My trading plan is place a long order, when the price break the trend green trend line (1.17802).
Or, placing a long order at the red trend line below (1.17588).
There are two cases can happen here:
1. The price go back to re-test the previous high. Then, we can open a LONG order here with very small STOP LOSS.
2. The price break the green line. Then, we can open a SHORT order after it price break the green line.