EUR/USD | 4H Analysis

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EUR/USD | 4H AnalysisEuro / U.S. DollarFOREXCOM:EURUSDSalahudinSomaliEUR/USD is currently respecting a rising trendline while consolidating just below a key resistance zone around 1.1420–1.1430. This compression suggests buyers are absorbing selling pressure, increasing the probability of an upside expansion. Bullish thesis: Higher lows continue to form, maintaining the short-term bullish structure. Price is holding above trendline support. A confirmed breakout and 4H close above the highlighted resistance could trigger momentum toward 1.1516, the next major liquidity level. Trade Idea 📈 Entry: On a confirmed 4H breakout and retest of the resistance zone. 🎯 Target: 1.1516 🛑 Invalidation: A clean break below the ascending trendline would weaken the bullish outlook. This is a technical analysis based on current price structure and should be invalidated if market conditions change. #EURUSD #Forex #TradingView #PriceAction #TechnicalAnalysis #SmartMoney #FX #Breakout #SupportAndResistance #MarketStructure #SalahudinSomali