EURUSD Is Coiling for a Breakout — The Next Push Could Be ExploZ

1. Market Analysis
EURUSD is currently trading in a clean and well-defined structure, showing a gradual shift from consolidation to bullish momentum. Price has been oscillating between the Support Zone (1.1540–1.1550) and the Resistance Zone (1.1618–1.1624), forming a sequence of Higher Highs and Higher Lows — a textbook bullish staircase pattern.

The support zone has acted as a strong demand region, rejecting price multiple times and building a foundation for continuation. Each test of resistance is becoming stronger, and the most recent bullish impulse shows increased momentum compared to previous swings. This indicates that buyers are gaining confidence as liquidity builds above the resistance line.

The current price action is also forming a Bullish Continuation Pattern, identical to the reference image at the center of your chart. This suggests accumulation below resistance before a potential breakout.

As long as EURUSD stays above the bullish micro-structure, sentiment continues to favor the upside.

2. Technical Structure Breakdown
Key Observations:
- Support Zone at 1.1540–1.1550 continues to hold strongly
- Multiple successful retests indicate strong buyer presence
- A clean Resistance Zone at 1.1618–1.1624 is the final barrier before expansion
- Market structure is forming a staircase pattern → consistent HH + HL
- The recent bullish leg has more momentum than previous ones
This is a classic bullish breakout setup, supported by structure and liquidity alignment.

3. Market Scenario & Strategy
🔸 Main Scenario – Bullish Breakout (High Probability)
Price is currently testing the resistance zone with strong bullish structure behind it.
If price closes above 1.1624, expect continuation toward:

🎯 Target 1: 1.16530
🎯 Target 2: 1.16688
🎯 Target 3: 1.16749+ (extended liquidity zone)

A clean breakout → retest → continuation pattern is the expected sequence.
Strategy:
Look for long entries on:
✔ Break + retest of 1.1624
✔ Or pullback into minor higher low structure
Momentum is on the buyer’s side.

🔹 Sub Scenario – Correction Before Breakout
If price gets temporarily rejected at the resistance zone:
- Expect a pullback toward 1.1580–1.1600
- This would allow buyers to reload before pushing higher
Structure remains bullish as long as price stays above 1.1550.

Invalidation of Bullish Bias:
❌ 4H close below 1.1550 → structure weakens
New targets would shift to 1.1500 and lower.

Probability of this scenario remains lower for now.

4. Summary & Personal View
- Overall Trend: Bullish
- Current Momentum: Strong and accelerating
- Best Buy Zone: On breakout 1.1624 or minor pullback before breakout
- Main Targets: 1.1653 → 1.16688 → 1.16749
- Bias Remains Bullish as long as price holds above 1.1550
EURUSD is preparing for a breakout — this is one of the cleanest continuation structures of the week.