EUR/USD – Is the Uptrend Coming Back?EUR/USDOANDA:EURUSDRocky_trade_EUR/USD is trading around 1.162–1.163, after a slight rebound from the support zone near 1.16100. The uptrend is reinforced as the pair holds above key EMAs and maintains a clear technical structure. The nearest upside target is the resistance area around 1.16500, followed by the July high near 1.17000 if momentum remains strong. Suggested strategy: Favor Buy on dip around 1.1600–1.1610. Target 1.1650 first, then 1.1700+. Stop-loss below 1.1580. Supporting news: At Jackson Hole, Powell signaled that the Fed could ease policy if the labor market weakens, pushing the USD lower and boosting EUR/USD. The pair sustains its recovery as key support holds, aiming for a breakout above higher resistance.