EURUSD In a Broadening Wedge Pattern

Although EURUSD is Bullish in the long-term view and has broken out the monthly descending channel to the upside after many years, price has approached to the strong resistance level.
In lower time frames, we have a downtrend but bullish candles closed above the weekly pivot which is 1.17528 but still below the Monthly pivot (1.1849).

On the other hand, a bearish broadening wedge pattern has been created. I expect the price to rise around the monthly pivot which is 1.1849 and also a resistance level, then IF it got rejected by this level and by the upper side of the wedge pattern as well, we can enter the short position and even expecting the pattern downside breakout.
Second Bearish Scenario: IF price didn’t rise to the weekly pivot and broke the 1.18015 level to the downside, we can expect the price to fall.

Bullish Scenario: IF the weekly pivot broken out to the upside and candle closed above it, I expect the price to rise around 1.19 and next target might be 1.22

What is your thoughts about EURUSD?