EURUSD - Retest of support at 1.143–1.140 before distribution Euro vs. US DollarFX:EURUSDRLindaEURUSD is showing early bullish signals. The pair is breaking above the 1.1434 resistance cluster and the descending trendline, opening the door for a potential continuation higher The latest FOMC minutes did not deliver a clear hawkish message, with markets pricing in only a 25–30% probability of a July rate hike. Meanwhile, the 1.1400 support continues to provide a solid base for a technical rebound. However, renewed geopolitical tensions in the Middle East continue to support the U.S. dollar as a safe-haven asset The ECB is widely expected to remain on hold in July, while the Fed still retains the option of another rate hike. Technically, the U.S. dollar is showing a limited reaction to recent news and appears vulnerable to a corrective pullback, which could provide additional support for the euro following the false breakout below support and the breakout above consolidation resistance Resistance levels: 1.1477, 1.1528 Support levels: 1.1434, 1.1400 The pair is also confirming a false breakout below the major weekly (W1) support. The prolonged battle around 1.1400 highlights persistent buying interest. Locally, EURUSD is breaking above the 1.1434 consolidation resistance and the descending corrective trendline. If bulls can hold 1.1434 as new support, the pair could extend its advance toward 1.1478 and 1.1528 Best regards, R. Linda