EUR/USD Update

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EUR/USD UpdateEuro / United States DollarCMCMARKETS:EURUSDSatochiTraderEUR/USD Update We use advanced data that counts the start of the cycle and all important key levels. On the low time frame, EUR/USD is pulling back after rejecting the 1.1848 resistance zone. Key levels: 1.1760 – 1.1762 → current support area. Holding above this keeps the short-term bullish structure intact. 1.1848 → major resistance and confirmation level for continuation of the main uptrend. A close above this would signal strength for higher targets. If price breaks below 1.1760, downside pressure could increase, with 1.1665 as the next important support. Cycle level: 1.1530 is the critical long-term support. EUR/USD must hold this level to remain in the green cycle. 📌 Summary Above 1.1760 → bullish structure can continue. Breakout above 1.1848 → confirms strong uptrend continuation. Below 1.1760 → correction risk, targeting 1.1665 support. 1.1530 → cycle must-hold level for long-term trend.