EUR/USD At Decision Point - Breakout or Breakdown!

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EUR/USD At Decision Point - Breakout or Breakdown!Euro/US DollarFX:EURUSDHamza_heticEUR/USD at a decision point after testing the trendline support. Price action is consolidating within a descending channel, and a breakout in either direction could set the next move. Scenario 1 (Bullish): If buyers step in from the trendline, we could see a reversal towards 1.1720 – 1.1740 levels. A breakout above resistance may trigger further bullish momentum. Scenario 2 (Bearish): If sellers take control and the pair breaks below the trendline, the next target lies near 1.1600 – 1.1580 zone. Sustained bearish pressure could extend the drop. Market is at a critical decision point. Wait for confirmation before entering. Manage risk properly and watch for price reaction around the trendline. Levels to Watch: •Resistance: 1.1720 / 1.1740 •Support: 1.1600 / 1.1580