Consolidation nearly over. Bullish reversal resuming. Long.

EURUSD is trading sideways on 5H (RSI = 49.935, Williams = -51.999, CCI = 9.2834, Highs/Lows = 0), extending the Rectangle (yellow - orange lines), which in turn is delaying the bullish reversal on 1D (still neutral on RSI, STOCH, Highs/Lows, Ultimate Oscillator but gaining bullish momentum on ADX = 22.438, B/BP = 0.0019). We don't expect drastic changes today (July 4th) and instead focus towards Thursday's ADP Nonfarm Employment Change and Friday's Nonfarm Payrolls/ Unemployment Rate as the catalysts that may lead us to at least the first target (TP = 1.17310). TP = 1.1800 is on the medium term horizon.