The euro-dollar pair has moved in the four-hour time frame in an uptrend since the middle of last month as it rose from the 1.650 level and rises above the February low at 1.0775 to achieve a false break
Corrected the price from the resistance area at 1.1125-1.1165 levels to descend and retest the 1.0775 level and break with it the descending price channel
The price is now moving in an ascending channel to resume the bullish track, as the targets will be 1.1125-1.1165 then the 1.1290 level
The trading range is 1.0940-1.0900
Expected bullish trend
