EURUSD is showing signs of bullish strength as the price pulls back through the downtrend channel and begins to resume a bullish structure. A 4H candle close above 1.16000 would be a strong confirmation that bulls are regaining control.
If price holds above 1.16500, this zone will act as a solid support base for further upside momentum. From here, the price has potential to move toward the 1.18000 resistance, aligning with the broader uptrend resumption.
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If price holds above 1.16500, this zone will act as a solid support base for further upside momentum. From here, the price has potential to move toward the 1.18000 resistance, aligning with the broader uptrend resumption.
If You Like this idea of you have on Opinion about this analysis share in comments Thanks for understanding.
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