Coming from a consolidation, there is a recent bearish bias to the downside for EURUSD which started last month. So far, there is a reaction at the 88.6 Fibonacci retracement level, giving a us possible bullish bat setup which is a continuation of the longer term trend. If price holds at this level, then the pattern remains valid and I am looking for a long opportunity tomorrow or next week. It is suggested to look for confluences of this bullish pattern with trend reversal setups (reversal of the recent downtrend).