EURUSD in Sideways Trading Range, Potential for Upside Breakout

EURUSD has been moving sideways within a trading range between 1.0910 and 1.0998. Currently, it is facing resistance at the upper boundary of this range, around 1.0998. If the price manages to break above this resistance level, it could potentially move towards the next resistance level at around 1.1065, followed by the previous high at 1.1139.

On the downside, the key support level is located at 1.0910. A breakdown below this level could bring the price back towards the 1.0876 support level. If the price continues to decline below 1.0876, it would then target the bottom of the rising price channel on the 4-hour chart.