EURUSD Long: Recovery Inside Ascending Channel, Eyes On 1.1560 Euro / U.S. DollarFOREXCOM:EURUSDheniitradingHello traders! Here’s my technical outlook based on the current EURUSD (3H) chart structure. Price previously moved inside a descending channel, confirming bearish pressure, then broke down and formed a consolidation range. Currently, price is trading inside the ascending channel, forming higher lows and showing bullish structure. EURUSD is holding above the 1.1490 demand zone and approaching the 1.1560 supply zone, which acts as a key resistance. As long as EURUSD holds above 1.1490 and respects the ascending channel, the bullish bias remains valid. A move higher could target the 1.1560 resistance. Manage your risk!