EUR/USD - EURUSD: Formed Morning Star - 12/29/2016 (GMT)

Eurusd has formed morning star near to support level on the ranging area. This pair is still on range level. So we still need to wait for breakout to get new trend. We can take short term entry within this ranging area, but for long term trade we should observe the breakout of the pair.
Now this pair is near to upper level of the range area. So if any bearish candle formed, then we can take sell entry on this pair. Target will be 50-80 pips.