EURUSD H2: Channel Breakout, Next Target 1.1542EUR/USDOANDA:EURUSDRaekwon_foxEURUSD has just made a notable change by breaking out of the descending channel with a strong upward move, simultaneously reclaiming both EMAs. This indicates that previous selling pressure has weakened and buyers are gradually taking control of the short-term structure. The price is currently approaching the 1.1491 resistance zone, so it's not advisable to chase the rally here. The 1.1435–1.1450 zone is a suitable area to observe a correction, where the FVG is increasing and a breakout structure has just formed. If the price holds this zone, buying pressure could continue to push EURUSD up to test 1.1491. A solid H2 candle closing above 1.1491 would confirm the resistance has been broken and extend the upside potential towards the next target at 1.1542. Waiting for a breakout or retest helps limit the risk of buying at the resistance zone. The structure has shifted to positive; the current priority is to wait for the corrective move to be defended before continuing to follow the buying side.