EURUSDEUR/USDOANDA:EURUSDHAMED_AZHello Traders! π What are your thoughts on EURUSD? EUR/USD has been consolidating within a tight range between the key support at 1.1550β1.1580 and resistance at 1.1740 β 1.1800 in recent weeks. So far, the pair has failed to break out decisively, showing a lack of strong momentum. Possible Scenarios Bullish Scenario: A confirmed breakout above the 1.1740 β 1.1800 resistance zone could trigger upside momentum, targeting 1.1850 β 1.1950. Bearish Scenario: If the 1.1580 β1.1550 support fails and price sustains below it, a deeper decline toward 1.1400 β 1.1450 becomes likely. As long as price remains inside this range, the optimal strategy is to buy near support and sell near resistance. However, for higher conviction entries, traders should wait for a clear breakout in either direction and trade accordingly. Donβt forget to like and share your thoughts in the comments! β€οΈ