EURUSD H1: Profit-Taking Pressure Emerges After Strong BreakoutEUR/USDOANDA:EURUSDAmelia-JonesMarket Overview: EURUSD has made a strong rally and broken above the previous resistance zone around 1.1410. However, after reaching the 1.1465 area, the price showed rejection signals with multiple upper wicks, indicating that profit-taking pressure is increasing after the sharp upward move. Currently, the 1.1410–1.1415 zone is the key support area to monitor. If the price pulls back to this zone and holds successfully, the bullish trend remains intact. On the other hand, a technical retracement to retest the breakout area is a more likely scenario in the short term. Trading Outlook: Buy opportunities are favored after the price corrects toward the 1.1410–1.1415 zone and shows bullish confirmation signals. The expectation is for the price to continue its upward trend after completing the retest phase. The 1.1410 level needs to hold in order to preserve the current bullish structure. The bullish scenario will be invalidated if EURUSD breaks below and closes under 1.1410, which could trigger further selling pressure and push the price back toward the previous consolidation area.