EURUSD | Technical Outlook
Market Structure
EURUSD is showing a clear bullish continuation, with price maintaining higher highs and higher lows across the lower and higher timeframes. The recent upside acceleration confirms that buyers are firmly in control, supported by strong momentum and sustained trading above key moving averages. The pair has successfully transitioned from consolidation into a renewed upward phase, signaling improving bullish confidence.
Key Resistance Zone
The nearest resistance is located around 1.1875 – 1.1900, where price is currently testing a prior supply area. This zone represents a short-term barrier that could trigger temporary pauses or pullbacks.
Additional resistance levels to watch:
- 1.1950
- 1.2000 (psychological and structural resistance)
A clean break above 1.1900 would strengthen the bullish continuation outlook.
Key Support Zone
Immediate support is found around 1.1820 – 1.1800, a zone aligned with recent pullback lows and dynamic support.
Below this, deeper support stands at:
- 1.1765 – 1.1750 (key structure support)
Holding above 1.1800 keeps the bullish structure intact.
Expectations
Bullish Scenario (Primary)
As long as EURUSD holds above 1.1800, upside momentum is expected to persist. A breakout above 1.1900 could open the door toward 1.1950 and potentially 1.2000.
Bearish Scenario (Alternative)
A failure to sustain above 1.1800 could trigger a corrective pullback toward 1.1765. Only a sustained break below this zone would weaken the bullish structure and shift momentum toward deeper consolidation.
Outlook
EURUSD remains structurally bullish, with buyers controlling price action above key support levels. While short-term pauses near resistance are possible, the broader outlook favors continued upside unless price breaks decisively below 1.1800.
