By examining the trend in the one-hour time frame, the euro is fluctuating in an upward channel, and considering the high rate of moving averages of the ALLIAGTOR indicator, the possibility of the continuation of the upward trend is very high.
In general, this scenario is strengthened, that the rate can rise to the resistance of the ceiling of the ascending channel in the range of 1.0959, provided that no close of the four-hour candle time is recorded below the support interval in the range of 1.0851-1.0845.
In general, this scenario is strengthened, that the rate can rise to the resistance of the ceiling of the ascending channel in the range of 1.0959, provided that no close of the four-hour candle time is recorded below the support interval in the range of 1.0851-1.0845.