EURUSD

EUR/USD is trading inside an ascending channel on the H4 timeframe, showing a bullish structure with higher highs and higher lows. Price recently bounced from the lower trendline near 1.1720 support and is now moving toward the 1.1775 resistance area.

If buyers maintain momentum above 1.1775, the next upside targets are 1.1800 and 1.1835. A breakout above 1.1835 could confirm stronger bullish continuation.

On the downside, failure to hold above 1.1720 may push the pair back toward 1.1590 support. Overall trend remains bullish while price stays inside the rising channel.