EUR/USD Outlook - Bulls Eye Fresh Breakout as Momentum Builds

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EUR/USD Outlook - Bulls Eye Fresh Breakout as Momentum BuildsEuro / United States DollarCMCMARKETS:EURUSDBluetonaFXHi Everyone, EUR/USD consolidated above the 1.15880–1.16180 support zone last week and came close to testing resistance. Looking ahead, we anticipate a break higher, with the next target set at 1.17889 and a possible move toward the yearly high around 1.18200. Any pullbacks in the near term are expected to hold above the 1.16550 support, maintaining the bullish structure. The impulsive rally from the 1st August low continues to underpin our bullish outlook on EUR/USD. Our broader view remains unchanged: we expect the pair to continue building momentum for another leg to the upside. A decisive break above 1.17889 would open the path toward the 1.18350–1.19290 zone, and ultimately the 1.20000 handle. We’ll be monitoring price action closely to see whether this recovery gains traction and if buyers can sustain momentum through resistance. The longer-term outlook remains bullish, provided price continues to hold above the key support levels. We’ll keep updating you throughout the week as the structure develops and share how we’re managing our active positions. Thanks again for all the likes, boosts, comments, and follows — your support is truly appreciated! All the best for the rest of the week. Trade safe. BluetonaFX