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EURUSD – Breakout Trading Setup

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Price is currently sitting just above the support line at 1.15590, which has acted as an important turning zone many times before.
This area is the key level I am watching for the next directional move.

For my approach, it’s very simple:

✨ My Breakout Plan

If price breaks below 1.15590 with a clean candle-body close, I expect EURUSD to extend further downward into the next Fibonacci extension zones.

These green dotted levels are my anticipation areas:
🎯 Target 1 (Fib 1.618): 1.15300
🎯 Target 2 (Fib 2.000): 1.15086

These targets are fully based on the Fib Extension tool, not random.
Once the support level is broken, price usually accelerates toward these extension levels, especially after such a long consolidation.

This is a simple breakout-style idea — no complications.

📘 Disclaimer

This is only my personal breakout approach and not financial advice.

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