EUR/USD: bearish "Flag"
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Bears faced a support at 1.0571, so the price is consolidating. However, the market is likely going to achieve the next support at 1.0524 in the short term. If a pullback from this level happens, there’ll be an opportunity to have an upward correction towards a resistance at 1.0594 – 1.0655.
We’ve got a “Flag” pattern, so bears are likely going to test the nearest support at 1.0551 – 1.0524 during the day. At the same time, if we see a pullback from this area, bulls will probably try to deliver an upward correction.