EURUSD: Bullish Structure Eyes 1.1700 Liquidity

Sep 7

🔹 EURUSD remains in a broader bullish market structure, with price respecting a rising trendline and holding above the marked support zone near 1.1580–1.1600. Recent price action shows consolidation after the earlier advance, while the upper liquidity area around 1.1700 remains a key resistance reference. The repeated reactions around support suggest that buyers are still defending the current structure, although momentum has become more balanced in the short term.

🔸 If the EURUSD support zone continues to hold, price could gradually retest the nearby resistance and potentially challenge the liquidity area around 1.1700 if a bullish breakout is confirmed. Traders may wait for clear price confirmation before considering any trade. A decisive break below the rising structure and support could weaken the bullish market structure and expose lower levels for further technical analysis. This EURUSD price action remains focused on the interaction between support, resistance, liquidity, and potential breakout conditions.

This analysis is for educational purposes only and does not constitute financial or investment advice. Always conduct your own research before making trading decisions.

Sep 8

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