Uptrend in the short to medium term. Sell opportunities.

A rising channel is a technical pattern characterized by two parallel trendlines sloping upwards, with price oscillating between them.
In this case, if the EUR/USD pair is trading within a rising channel, it suggests an uptrend in the short to medium term.
However, if the price approaches the upper trendline of the channel and shows signs of rejection or bearish reversal patterns (e.g., bearish candlestick patterns, divergence in momentum indicators), it could indicate a potential reversal or downtrend ahead.
Positive Outcome During the Release of US News:

Positive news releases from the US typically lead to increased demand for the US dollar, which can exert downward pressure on the EUR/USD pair.
For instance, strong economic data such as better-than-expected GDP growth, employment figures, or consumer sentiment can boost confidence in the US economy and the dollar, leading to a sell-off in the EUR/USD pair.
Market Downtrend:

If the market has been in a downtrend for a while, it suggests that sellers have been dominant, driving prices lower over time.
A prolonged downtrend indicates a bearish bias in the market sentiment, with traders seeking opportunities to sell or short the EUR/USD pair.
The presence of a rising channel within a broader downtrend may indicate a bearish continuation pattern, where the price is likely to resume its downward trajectory after a temporary upward movement within the channel.