EURUSD | Bullish Trend Continuation & Breakout PotentialEUR/USDOANDA:EURUSDyousuf-analysisEURUSD | Bullish Trend Continuation & Breakout Potential Fundamental EURUSD remains sensitive to the relative outlook for the ECB and Federal Reserve, as well as movements in the U.S. dollar. Renewed USD weakness could support EURUSD, while stronger USD demand may pressure the pair back toward its support and FVG zones. Technical View EURUSD is consolidating inside a tightening structure while holding above the 1.16504 support and the 1.16457 FVG level. The bullish thesis remains valid as long as price respects this demand area. A sustained break above 1.16860–1.16870 would strengthen the bullish structure and could open the way for continuation toward the upside targets shown on the chart. Professional Insights The current consolidation suggests the market is building liquidity before the next directional move. The 1.16457 FVG is the key area to monitor for a potential liquidity sweep and bullish reaction. I would avoid chasing the breakout and instead look for confirmation through a clean break, retest, and continuation. Trading Scenario Bullish scenario: Price holds 1.16504–1.16457 → bullish reaction → reclaim 1.16860–1.16870 → continuation toward the upside targets. Bearish scenario: A decisive break and close below the FVG at 1.16457 would weaken the bullish setup and increase the probability of a deeper retracement. Key Levels to Watch • Resistance: 1.16870 / 1.16860 • Support: 1.16504 • Key FVG: 1.16457 • Bullish confirmation: Break and hold above 1.16870 • Bullish invalidation: Sustained break below 1.16457 Risk Management Wait for confirmation around the key levels and avoid oversized positions during high-volatility sessions. Define your invalidation before entering and manage risk according to your trading plan. Disclaimer This analysis is shared for educational purposes only and does not constitute financial advice. Always conduct your own research and manage risk responsibly.