EURUSD Bear Flag Pattern

Hey Traders, in the coming week we are monitoring EURUSD around 1.09884 zone, The bear flag pattern is a continuation pattern that typically occurs after a significant downtrend, signaling a potential continuation of the bearish trend. In this case, the pattern is forming around the 1.09 zone on the EUR/USD currency pair, indicating a potential sell opportunity. So technically we will wait for a breakout and watch a potential retrace from 1.093 support and resistance zone. Fundamentally USD data seems to be bullish with recent feds comments including Fed Waller about the inflation concerns, Fed Williams have mentioned too that Fed Powell should hike rates in the next FOMC early May which have triggered some Dollar strength.
Trade safe, Joe.