EURUSD is currently trading within a well-defined ascending chan

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EURUSD is currently trading within a well-defined ascending chanEuro/US DollarFX:EURUSDtradesguiderEURUSD is currently trading within a well-defined ascending channel, maintaining a bullish market structure. Price has retraced into a strong Demand Zone (Order Block + FVG), which aligns with the lower boundary of the channel — a key confluence area. This zone is expected to act as support and attract buyers. A bullish reaction from this area could lead to continuation toward the upper channel resistance. The projected move suggests a higher high formation after a minor pullback. 🔹 Key Confluences: Ascending Channel Support Order Block + FVG (Demand Zone) Healthy Pullback Structure 📈 Bias: Bullish 🎯 Target: Upper Channel Resistance