Demand for EUR/USD buyers is increasing
Examining the trend in the four-hour time frame, EUR/USD has broken the resistance range of the ceiling of the first downward channel to the upside, and now there is a possibility of a price increase due to the rising averages of the Alligator indicator.
In general, this scenario is strengthened that EUR/USD can reach the resistance of the ceiling of the second ascending channel in the 141.1% Fibo range at $1.0931, provided that it stays above the support interval in the range of 1.0867-1.0859. increase in price.