EUR/USDEuro / U.S. DollarFOREXCOM:EURUSDIbrahimTarekPair: EUR/USD Timeframe: 4H (swing trading perspective) Current Setup Suggested buy entry: 1.17330. Stop loss: 1.15771 (just below key support zone). Target 1: 1.19520. Target 2 zone: 1.20151 – 1.20344. Technical Outlook Support Zone (1.1577 – 1.1600): Strong demand area where price previously bounced multiple times. Placing stop loss just below ensures protection against false dips. Current Structure: Price is consolidating in a sideways range between 1.158 – 1.195. Recent bullish rejection candles indicate buyers are defending the 1.17–1.16 area. Bullish Scenario: A confirmed breakout above 1.1740–1.1750 resistance would trigger bullish momentum. First upside target: 1.195 (historical resistance). Break above 1.195 opens the way to the 1.2015–1.2034 target zone. Bearish Risk: Failure to hold above 1.1730–1.1700 increases the chance of retesting 1.1600. A daily close below 1.1577 cancels the bullish setup and may resume the broader downtrend. Risk/Reward Risk (Entry → Stop Loss): ≈ –156 pips. Reward (Entry → Target 1): ≈ +218 pips. Reward (Entry → Target 2): ≈ +280–310 pips. Risk/Reward ratio: ~1:1.4 to 1:2, which is favorable for swing trading. ✅ Conclusion: EUR/USD is showing a potential bullish reversal from strong support. Buying at 1.1733 with stop at 1.1577 and targets at 1.195 and 1.2015–1.2034 provides a solid risk/reward setup. However, discipline with the stop loss is crucial as a break below 1.1577 would invalidate the bullish scenario.