EUR/USD Technical Analysis: Potential Upside Ahead

The EUR/USD pair is showing promising signs of an upward movement. Here's a detailed breakdown of the current technical outlook:

Change of Character (CHoCH): Several points indicating trend reversals have been marked, suggesting shifts in market sentiment.
Break of Structure (BOS): A significant level has been breached, indicating a major structural shift to the upside.
Key Levels to Watch:

H4 Fair Value Gap (FVG): This zone, highlighted in red, represents a potential area where the price might find resistance or reverse.
M15 Fair Value Gap (FVG): Highlighted in purple, this zone indicates another area of interest on a lower timeframe.
Fibonacci Retracement Levels:

0.5 (1.08936), 0.618 (1.08664), 0.786 (1.08275): These common Fibonacci levels could act as potential support zones.
Possible Scenarios:

Scenario 1: The price might continue to rise into the H4 FVG zone and then move higher.
Scenario 2: The price might drop to the M15 FVG zone or one of the Fibonacci retracement levels before continuing upwards.
Additional Insights:

Weak High: A high point marked as "Weak High," suggesting it may be targeted and potentially broken in future price action.
Strong Low: A low point marked as "Strong Low," indicating a significant support level.
Summary:
The current analysis suggests a bullish bias for the EUR/USD pair. However, key levels should be closely monitored for potential reversals or continuations. Stay alert to price action around the highlighted zones for optimal trading opportunities.