EURUSD Update: Channel Breakout or Fake-Out ?Euro vs United States DollarFTMO_OANDA:EURUSDKwaggaRobertse📍 What changed • Last post: bearish below 1.12000 • Price closed above the BSL at 1.12090 • That voided the bearish outlook 📍 Where price is • Back above the POC at 1.11936 • Rising trendline holding from the low at 1.10992 • Now testing the top of the falling channel • No 4H body close above it yet • POC = price where the most volume traded 🧠My POV • Breakout: 4H body close above the channel • Re-test: price pulls back and holds above the channel top • Breakout and re-test hold = confirmed breakout • Target: the POI at 1.13861 • Premium starts at the 50% level, 1.14090 • POI = zone where sellers are expected to defend • Premium = upper half of the swing, where price is expensive ❌ Invalidation • 4H body close below the POC voids the bullish outlook • A wick does not count Kwagga.