Generally, the direction is uptrending.

Uptrend Side: The EUR/USD reversed from its breakout, rising and stabilizing above 1.1140. As long as the price remains above this level, it will attempt to reach 1.1179. A move above 1.1179 will lead to consolidation between this level and the resistance at 1.1241.

Correction: currently the price is trading in the down correction

Downtrend Side: If the price faces negative pressure and closes the 4H candle below 1.1140, it will try to touch 1.1080. A breaking under this level by a 1D candle will start the bearish step.
Chart PatternsHarmonic PatternsTrend Analysis

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