EURUSD – Breakout Holds Above Structure, 1.1700 Back in Play

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EURUSD – Breakout Holds Above Structure, 1.1700 Back in PlayEUR/USDOANDA:EURUSDSamiraa_EURUSD has finally pushed above the descending structure that had controlled price for months. The breakout was clean, buyers followed through, and price is now holding above the former resistance area instead of immediately slipping back below it. That is the first clue that the market may be preparing for a broader bullish continuation. What interests me most now is not chasing the current price, but watching the 1.1450–1.1480 support zone. This area sits around the previous breakout region and could become the foundation for the next move if buyers defend it successfully. šŸ“ˆ The yellow path on the chart maps out a scenario I would consider very healthy: • A controlled pullback toward the former resistance zone. • Buyers stepping back in as old resistance turns into support. • Bullish momentum rebuilding above the recent high. • A continuation move toward the 1.1690–1.1700 area. šŸŽÆ The breakout has already changed the short-term structure. Now the market needs to prove that the level it just reclaimed can actually hold. šŸ›  Trading Parameters šŸ›’ Preferred Long Zone: 1.1450–1.1480 šŸŽÆ Main Target: 1.1700 šŸ›‘ Invalidation: Sustained 8H close back below the support zone The bullish idea remains valid while EURUSD stays above the broken descending structure. A deeper move back below support would weaken the breakout and suggest buyers have failed to maintain control. Breakout first. Retest second. Continuation third. That is the sequence I’m watching. šŸš€ This analysis is for educational purposes only and should not be considered financial advice.