EUR/USD Bullish Breakout Toward 1.1620

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EUR/USD Bullish Breakout Toward 1.1620Euro vs United States DollarTICKMILL:EURUSDTrade_ActionEUR/USD is showing a strong bullish structure after breaking above the previous consolidation range and reclaiming the 1.1572–1.1580 resistance area. The recent impulsive move supports further upside, provided price holds above the breakout zone. 📈 Bullish Scenario Immediate support: 1.1572–1.1580 Secondary support: 1.1552 Major support: 1.1535–1.1540 A successful retest of 1.1572–1.1580 could provide continuation toward the upside. Target 1: 1.1600 Target 2: 1.1618–1.1622 🔎 Market Structure The chart shows a bullish CHOCH followed by BOS, with price breaking above the prior range and moving into the upper resistance zone. The projected path suggests a possible pullback/retest → bullish continuation. ⚠️ Invalidation A sustained 1H close below 1.1552 would weaken the bullish setup. A deeper break below 1.1535 would shift the short-term structure back toward bearish. 🎯 Trade Bias Bullish above 1.1572, with confirmation preferred after a retest of the breakout zone. Key idea: EUR/USD is attempting to turn the 1.1572–1.1580 zone into support, opening the way toward 1.1600 and potentially 1.1620.