EUR/USD shows a steady upward movement

On the hourly chart, the EUR/USD pair shows a steady upward movement, overcoming key resistance levels and gaining a foothold above the MA (200) H1 moving average, which indicates a steady bullish momentum. The breakdown of the 1.1290 level was an important technical signal, followed by a steady increase to the current resistance around 1.1360. The MACD indicator confirms the strength of the current trend: the histogram is in a positive zone and continues to expand, which signals the dominance of buyers. As long as the momentum remains above the MA (200) H1 moving average and the positive dynamics of the MACD, growth is likely to continue with an attempt to break through the resistance at 1.1360. However, in case of profit-taking and correction, it will be important to hold the 1.1290 level as support.

Resistance levels are: 1.1360, 1.1380, 1.1430

Support levels are: 1.1290, 1.1205-20, 1.1170

The main scenario for the pair's advance suggests a breakout of the session high of 1.1360, an increase to 1.1380 (May 2 and 6 high) and then maybe to 1.1430 (April 28-29 high) 

An alternative scenario implies a decrease to 1.1290 (May 19 high) and then, maybe, to 1.1205-20 (May 20 low, MA (200) H1)