EURUSD Trading Range Under Pressure Potential UpsideEuro vs United States DollarTICKMILL:EURUSDMR_GOLD_12EURUSD is currently trading inside a well-defined range after an extended period of consolidation. What is becoming increasingly important is the repeated rejection from the lower boundary. From a fundamental perspective, EURUSD is also reacting to expectations surrounding the ECB policy outlook, U.S. inflation data, and future Fed direction. A softer U.S. Dollar environment combined with expectations of tighter ECB policy can continue to support the upside. However, upcoming U.S. data may create volatility, so confirmation through price action remains essential. Resistance level ; 1.16900 / 1.17100 Support level ; 1.16500 / 1.16400 Tecnically descending trendline is also an important structure to watch. If buyers continue to defend the range and price breaks above 1.1691, it could confirm that bullish pressure is increasing and open the path toward 1.1701. Hope you found this analysis helpful. 👍 Like, Comment & Follow for more updates. Trade safe.