歐元 / 美元
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EURUSD Long: Compression Below Resistance - Breakout Incoming

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Hello traders! Here’s my technical outlook based on the current EURUSD (3H) chart structure. Previously, the pair was trading inside a range, showing consolidation before a strong breakout to the downside. After the drop, price found a pivot point and began a recovery phase.

Currently, EURUSD is moving within an ascending structure, forming higher lows along a trendline, which signals growing bullish momentum. At the same time, price is approaching the 1.1800 supply zone, where a range has formed and a reaction is already visible, indicating selling pressure.

As long as EURUSD holds above the support level of 1.1740, I expect a bounce from the support and trend line to retest the resistance. A confirmed break of the resistance level of 1.1800 could trigger a continuation of the move to higher levels (TP1). Manage your risk!
交易進行
We can see that the first part of the analysis has already worked. Namely, the decline to the trend line and the reaction at this level. We are waiting for the price to move to our target!
手動結束交易
The price has confidently broken the trend line, which may indicate a change in market sentiment!

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