EURUSD – Is Another Bullish Breakout on the Way?

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EURUSD – Is Another Bullish Breakout on the Way?EUR/USDOANDA:EURUSDYong726Market Structure The 4-hour trend remains bullish. Price continues to form higher lows after a strong breakout, indicating healthy consolidation within an established uptrend. Key Resistance First Resistance: 1.1560–1.1580 This area marks the recent swing high. A clean breakout could open the door for another bullish extension. Second Resistance: 1.1620–1.1640 If buyers regain momentum above 1.1580, this zone becomes the next upside objective. Key Support First Support: 1.1520–1.1500 This is the first support zone protecting the current bullish structure. Holding above this level keeps buyers in control. Second Support: 1.1450–1.1470 A break below 1.1500 could trigger a deeper pullback toward this previous breakout area. Market Sentiment Market sentiment remains cautiously bullish. The recent breakout has strengthened buying confidence, while the current consolidation suggests profit-taking rather than a trend reversal. Buyers still hold the advantage unless key support is lost. Please share your view below: Do you think EURUSD will break above 1.1580 and continue its bullish trend? Or will the current consolidation develop into a deeper pullback? Feel free to share your thoughts in the comments.