The current price: 1.0888
Key point: 1.0800
Our preferred direction: buying positions above 1.0800 levels, targeting 1.0910 as a first target, then 1.0935 as a second target
Alternative scenario: stop the loss and change the direction by breaking 1.0800, targeting 1.0775.
Technical comment
The euro-dollar pair is moving between the uptrend from the bottom of last May in the four-hour time frame, and the downtrend from the top of last June, and it is expected to complete the ascent to the upper boundary of the trend and the resistance levels 1.0935-1.0910, and then wait for the price behavior from these levels