Weekly technical analysis of EUR-USD

The euro-dollar pair is currently trading above the bearish trend on h4, after it managed to break above and close weekly above it. Now the pair is testing the 1.0775 region and this level represents the price action price zone with the broken trend zone, which is a strong demand area. We await price and buy testing from 1.0775 point with a suitable stop loss below the order area

In the event that the price rises to the top, it will face the level of 1.1090, which is a strong level and represents the end of the third wave on h4 with daily resistance, which we expect prices to drop from this point while maintaining an appropriate stop loss level above the previous high

The general trend is to the upside as long as prices are above the demand area of H4