EUR/USD Price Outlook – Trade SetupEUR/USDOANDA:EURUSDATFX_Global📊 Technical Structure EURUSD EUR/USD failed to extend gains above the 1.1720–1.1730 resistance zone and has since pulled back toward the 1.1676–1.1686 support area, which aligns with prior breakout structure. The current price action suggests a healthy pullback within an overall bullish structure, rather than a reversal. Price continues to hold above key support, and recent consolidation indicates selling pressure is fading. As long as the pair remains above 1.1660, the structure still favors a continuation to the upside. Short-term bias: Bullish above 1.1676 🎯 Trade Setup (Buy-the-Dip Bias) Entry Zone: 1.1676 – 1.1686 Stop Loss: 1.1672 Take Profit 1: 1.1723 Take Profit 2: 1.1732 Risk–Reward Ratio: Approx. 1:3.29 📌 Invalidation: A sustained break below 1.1676 would invalidate the bullish structure and suggest a deeper pullback toward 1.1630. 🌐 Macro Background EUR/USD is supported by relatively stable macro conditions ahead of US CPI: Markets remain cautious, limiting aggressive USD buying Ceasefire expectations cap safe-haven demand for USD Inflation concerns from oil prices support USD but lack follow-through Overall sentiment favors consolidation with upside potential 🔑 Key Technical Levels Resistance Zone: 1.1723 – 1.1732 Support Zone: 1.1676 – 1.1686 Invalidation Level: Below 1.1672 📌 Trade Summary EUR/USD is undergoing a pullback within a bullish structure. Preferred strategy: Buy dips above 1.1676, targeting a retest of 1.1723–1.1732. ⚠️ Disclaimer This analysis is for reference only and does not constitute trading advice. Financial markets involve significant risk; proper risk and position management are essential.