Eur/Usd - Bullish Breakout or Bearish Reversal Ahead

Wait 5 sec.

Eur/Usd - Bullish Breakout or Bearish Reversal AheadEuro/US DollarFX:EURUSDHamza_GoldEURUSD on the 15-minute chart is currently approaching a key decision point where the next directional move will be determined. After a strong recovery from the support zone, buyers are showing momentum, pushing price back toward the decision area, which also aligns with a previous structural break of structure (BOS) zone. If bullish pressure continues, we can expect price to break above the decision point, confirming buyers’ dominance. A clear 15-minute candle close above this zone will likely attract more buying interest, driving price toward the resistance target above. This movement would suggest a short-term bullish continuation, following the momentum generated from the recent rebound. However, if price fails to sustain above the decision point and faces rejection within the supply area, it could trigger a bearish reversal. Sellers may then step in aggressively, pushing the pair back down toward the support target. This reaction would validate the decision point as a strong supply zone, indicating that buyers have lost control and sellers are regaining strength. This setup is a classic structure-based scenario — where price will decide whether to extend the bullish correction or resume its bearish trend from the decision point.