EURUSDEuro/US DollarFX:EURUSDxauusd_rrEURUSD is showing a clear bullish continuation structure on this timeframe. Price has rebounded strongly from the 1.1410–1.1500 low zone, reclaimed the ascending trendline, and is now pushing into the 1.1750–1.1770 supply/resistance area. This is the key short-term decision zone. If price holds after a retest, the upside move may continue. Structure view: The broader trend still leans bullish, with the market defending a higher low. The current rally is relatively aggressive, which suggests buying pressure is returning. The 1.1750 area is acting as an important pivot; holding above it keeps the bullish scenario intact. Main scenario: Watch for a retest of 1.1750–1.1730. If price reacts well and holds, EURUSD could extend towards 1.1810, followed by 1.1918. If momentum remains strong, the broader upside target sits around 1.2080. Alternative scenario: If price fails to hold the retest zone and closes back below 1.1700–1.1680, it may return to a deeper consolidation before attempting another move higher. View: The current bias remains buy on pullbacks. Chasing price at higher levels is less attractive. The retest zone will determine whether this is a clean continuation or simply a recovery leg.