Pullback Completed, Bullish Momentum Building UpEuro vs United States DollarTICKMILL:EURUSDThorne-Technical Structure: Pullback Completed, Bullish Momentum Building Up 1. Trend Pattern The exchange rate launched a rebound from 1.1468 (November low), forming an embryonic "W-bottom" pattern. 1.15800 is located at the right shoulder of the "W-bottom," with the strong support zone of 1.1550–1.1560 (20-day moving average + previous support) below it. Resistance above is concentrated at 1.1620 (previous high) and 1.1560 (61.8% Fibonacci retracement level). -------------------------------------------------------------------------------- 2. Indicator Signals On the daily chart, the MACD maintains a golden cross with continuously expanding histograms (strengthening bullish momentum), and the RSI (14) stands at 52 (neutral range, not overbought). On the 4-hour chart, the KDJ forms a resonant golden cross, the Bollinger Bands’ middle band (1.1570) provides support, and the pullback space is limited. -------------------------------------------------------------------------------- 3. Key Logic 1.15800 is in the "late stage of pullback + eve of breakthrough." If it stably stands above 1.1620, the "W-bottom" breakout will be confirmed, opening up upside space to 1.1700–1.1720. If a pullback occurs, 1.1550 is a strong support; a break below it will target 1.1520 (50-day moving average). Trading Strategy for EUR/USD buy:1.15700-1.15800 tp:1.16300-1.16500 sl:1.15500