The EURUSD is extending higher, pushing into a key swing area between 1.1692 and 1.17028. This zone has already attracted sellers near its midpoint, leading to a modest pullback (see red numbered circles on the chart). From a technical perspective, this is an important decision area for both buyers and sellers because risk and bias can be clearly defined.For sellers, the area provides an opportunity to lean against resistance with stops placed just above. For buyers, sustaining momentum requires a break and hold above the zone, which would open the door for further upside.In the accompanying video, I walk through the technical drivers behind the move and highlight the reasons this swing area is critical for the pair’s next directional push. This article was written by Greg Michalowski at investinglive.com.