Euro Index Analysis and Expected Scenarios

The Euro Index continues to move in a strong uptrend on the daily timeframe.

Currently, the Euro Index is trading near supply zones on the 4-hour timeframe.

With a clear weakness in the downward movement so far, 

suggesting a continued upward trend in the medium term.

We currently have several possible scenarios.

The first is a rise in the Euro Index, which indicates expected strength for the currency.

Provided the supply zones are breached, the downtrend is broken, 

and a close above them is achieved.

An upward trend is expected to target 2.4100 and 2.4150, respectively.

The second possibility is a decline and correction in the direction of the indicated upward trend,

near the support levels at approximately 2.396.

The most likely scenario currently is a continued upward trend due to weak supply zones.