The euro-dollar pair is moving in a semi-accidental direction on the 4-hour frame from last March's low from 1.0600 to 1.1150
The price reached the level of 1.0775, which was the bottom of February, and a false break occurred, then it settled above and retested now.
The price also creates the Harmonic model with a shark with a 113% retracement of the Fibonacci leg xa
In addition to a test of the broken downtrend trend line from the March high, with oversold on the RSI,
Therefore, the price is expected to rise to the resistance area at 1.1095-1.1145
