EUR/USD – Bullish Structure Holds Above Key Support Zone

Wait 5 sec.

EUR/USD – Bullish Structure Holds Above Key Support ZoneEuro/US DollarFX:EURUSDHenrybillionOn the H1 timeframe, EUR/USD remains in a short-term bullish structure, creating a series of higher highs and higher lows. The pair is currently pulling back after testing the resistance area near 1.1600, showing signs of a healthy retracement within the uptrend. The support zone around 1.1560–1.1550 — marked by previous accumulation and price reaction — is now acting as a potential demand area. As long as price holds above this region, buyers are likely to remain in control, aiming for another attempt to break through 1.1600–1.1620. If price closes firmly above that resistance, the next upside target lies near 1.1660. However, a confirmed break below 1.1550 would signal early weakness and could trigger a correction toward 1.1500. Key technical levels: Support: 1.1560 – 1.1500 Resistance: 1.1600 – 1.1660 Trading idea: Look for bullish confirmation near 1.1560 to join the trend, targeting a breakout above 1.1600 with a stop loss below the support zone. Follow for more detailed EUR/USD trading setups and price behavior insights.