EUR/USD Technical Analysis (4H)

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EUR/USD Technical Analysis (4H)EUR/USDOANDA:EURUSDMarketStrategysignalsπŸ“Š EUR/USD Technical Analysis (4H) πŸ’ΆπŸ‡ΊπŸ‡Έ πŸ” Market Overview EUR/USD is trading within a bullish market structure, supported by a rising trendline after a confirmed Break of Structure (BOS). Price recently tested a major resistance zone (1.1475–1.1480) and faced rejection, indicating sellers are defending this area. πŸ“ˆ Bullish Scenario 🟒 βœ… Price remains above the ascending trendline. βœ… Holding above recent higher lows keeps the bullish structure intact. πŸš€ A decisive breakout above 1.1480 could open the path toward 1.1500+. πŸ“‰ Bearish Scenario πŸ”΄ ⚠️ Failure to break resistance may trigger a corrective pullback. 🎯 The highlighted Order Block (1.1380–1.1390) aligns with the bullish trendline and is the key demand zone to watch. πŸ’‘ A bullish reaction from this area could provide the next buying opportunity. 🎯 Key Levels 🟩 Resistance: 1.1475 – 1.1480 🟦 Order Block / Demand: 1.1380 – 1.1390 πŸ“ˆ Trendline Support: Rising bullish trendline πŸ”‘ Major Bias: Bullish unless the trendline and order block fail. 🧠 Conclusion The overall trend remains bullish, but the current rejection at resistance suggests a healthy pullback is possible before continuation. Traders should monitor the Order Block and bullish trendline for confirmation before anticipating the next upward move. πŸ“ŠπŸš€