EURUSD: Consolidation & Complete Indecision

EURUSD is currently stuck within a wide horizontal trading range.

because the trend is still bullish, we keep being bullish biased and expect a bullish continuation.

however, it is very risky to buy the market from current prices.
to catch the next bullish wave I would suggest waiting for a bullish breakout of the resistance of the range on 8h.
then we can initiate a long trade on retest.
goal will be 1.20

sometimes consolidation is the first reversal sign,
for that reason, we should also consider a bearish scenario.
to catch a bearish wave, wait for a bearish breakout of the range on 8h.
goal will be 1.16

good luck!