HelenP. I Euro may reach resistance level and break it

Hi folks today I'm prepared for you Euro analytics. Observing this chart, we can see how the price appears to be finding stability just above the trend line support. This zone also aligns closely with the local swing low formed after the rejection from the resistance area near 1.1270. Buyers managed to defend this key trend structure, forming a potential higher low setup within the broader bullish framework. The price is now trading below a significant resistance cluster, where both horizontal and supply pressure meet, the 1.1270 to 1.1315 zone. However, the fact that EUR is respecting the rising trend line and hasn't broken below the previous local low suggests that bullish momentum may still be intact. A corrective dip into the trend line could offer the final shakeout before a new leg upward begins. If price manages to build strength around this support and push back toward the resistance zone, a breakout becomes increasingly likely. In such a case, the market may extend toward the 1.1400 area, which I consider my current target. Given the sustained higher lows, trend support, and structure of accumulation forming below resistance, I expect EURUSD to continue pushing upward after this retest phase. If you like my analytics you may support me with your like/comment ❤️

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FirstNameHelen

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FirstNameHelen

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