EURUSD: Bullish Breakout & Retest towards 1.1800 TargetEuro vs. US DollarFX:EURUSDStargazer_fxOverview: EUR/USD has recently shown strong bullish momentum, breaking out above a key horizontal resistance level near 1.1650. The overall daily structure continues to form higher highs and higher lows along an ascending trendline. Technical Key Points: Trend: Strong bullish continuation supported by a rising trendline starting from the July lows. Breakout Level: The pair has pushed past the immediate horizontal level around 1.1650. Support: Former resistance around 1.1600–1.1650 is expected to act as new support (role reversal), along with a deeper support zone near 1.1470–1.1500. Resistance / Target: Primary major target lies at the upper resistance zone near 1.1800. Trade Bias & Setup: Looking for a brief consolidation or a minor pullback/retest of the newly broken level before price accelerates higher toward the 1.1800 target zone. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice.