Expected Strength for the Euro in the Near Term

The Euro Index is moving sideways on the hourly timeframe.

This follows a rebound from daily and four-hour demand zones.

Currently, the movement strongly suggests accumulation.

Therefore, if the accumulation phase is successful,

 we expect to see an upward movement in the index in the near term, 

which would indicate strength for the Euro.

Expected Targets

As mentioned, we expect to see an upward movement in the index from current prices,

reaching the targets set at 2.4300 and 2.4330.

However, if a full hourly candle breaks and closes below the demand zones

 on the hourly timeframe, the current analysis will be invalidated, 

and we may see a continuation of the index's downward trend in the near term.