Selena | EURUSD · 1D – Bullish Structure Inside Rising Channel

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EURUSD
After impulsive expansion from April lows, the pair transitioned into structured higher highs and higher lows. The recent pullback into channel support acted as a support flip, confirming bullish order flow. Momentum remains constructive while price holds above 1.1600.

Key Scenarios

✅ Bullish Case 🚀
• Hold above 1.1650
• Break above 1.2050
• 🎯 Target 1: 1.2100
• 🎯 Target 2: 1.2200
• 🎯 Target 3: 1.2250

❌ Bearish Case 📉
• Daily close below 1.1600
• 🎯 Target 1: 1.1450
• 🎯 Target 2: 1.1300
• 🎯 Target 3: 1.1100

Current Levels to Watch
Resistance 🔴: 1.2050 – 1.2100
Support 🟢: 1.1650 – 1.1720

⚠️ Disclaimer: This analysis is for educational purposes only. Not financial advice.
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