The EURUSD broke downtrend channel and price touched 1.1490 resistance after that the pair currency comeback in channel on 1.1056 support last week. Key levels at H4 are 1.1056 and 1.1490 but we can see more supports and resistance. In my view, zone area is between 1.1173 and 1.1230 levels. For this week, EURUSD could attract sellers at this area and I anticipate that price breaks 1.1056, consolidate below the support, the pair currency would move to lower levels.
Alternative scenario, breaking resistance 1.1230 and consolidating above it after that EURUSD will move to 1.1419, 1.1490 and 1.1570 area.
Alternative scenario, breaking resistance 1.1230 and consolidating above it after that EURUSD will move to 1.1419, 1.1490 and 1.1570 area.