EURUSD Wait For Breakout

As you see in the 4H chart, the descending trend line was broken to the upside and price has made a double bottom pattern.

Currently, price has reached to the red resistance zone and is struggling to break it.

If price breaks the red resistance zone and closes a bullish 4H candle above this area, I expect a rise on EURUSD towards the next major high around 1.1130

On the other hand, if price failed to break the resistance and was pushed to the downside, in the case of a downside breakout on the yellow support zone, the bullish scenario is canceled and price will drop.