EUR/USD - Key Decision Point – Watch for Breakout or Breakdown

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EUR/USD - Key Decision Point – Watch for Breakout or BreakdownEUR/USDOANDA:EURUSDjaz_traderEUR/USD is currently testing a critical decision point near the order block around the 1.1830 region. After a sharp pullback from the recent highs near 1.1870, the price is facing a moment of indecision, as it hovers just above the key support at 1.1816. The resistance zone between 1.1860 and 1.1870 continues to limit upside movement, and the market is at a pivotal juncture. A strong rejection at this current level could signal further bearish pressure, targeting the next support around 1.1776. Alternatively, if the pair holds above 1.1816 and shows a confirmed bullish reversal from the order block, we could see the price rally back towards the upper resistance near 1.1870, with a potential target of 1.1880 or higher. For now, the decision point is critical — waiting for confirmation of either a bullish or bearish setup at this level will provide clearer direction in the coming hours. A confirmed break above 1.1870 could lead to higher targets, while a drop below 1.1816 might signal further downside. Key Levels to Watch: Resistance: 1.1860 – 1.1870 Support: 1.1776 Order Block: 1.1830 Target 1: 1.1880 Target 2: 1.1776