EU has created high probability supply setups on the 1 hour and 5 min timeframes. Some of the confluences with these setups are the 1 hour downtrend, and the 200 EMA indicator being above both setups.
The drawing is based on market structure. I think the market it's on an uptrend. It reached a new zone where if it continues to be bullish it will go from 1.09 to 1.11. Otherwise, it will go down to 1.05.