EURUSD: Price Action Signals Uptrend Continuation To 1.1640Euro / U.S. DollarFOREXCOM:EURUSDRatnerHello everyone, here is my breakdown of the current EURUSD setup. Market Analysis EURUSD previously traded inside a downward channel, showing sustained bearish pressure with lower highs and lower lows. Later, the market shifted structure and formed an upward channel, signaling short-term bullish momentum. Currently, price is trading above the 1.1570 support zone and approaching the 1.1640 resistance, with higher lows being respected inside the ascending channel. My Scenario & Strategy As long as EURUSD holds above 1.1570 support and respects the upward channel, the bullish bias remains valid. A continuation higher could push price toward the 1.1640 resistance zone as the next target. However, if price breaks below 1.1570, the bullish scenario would weaken and the market could return to consolidation or downside pressure. That’s the setup I’m tracking. Thank you for your attention, and always manage your risk.