EURUSD Breaks Higher–Can Bulls Push Toward the Next Resistance?

Market Structure

The 4-hour trend remains bullish, with higher highs and higher lows continuing to develop. Recent price action confirms that buyers remain in control after successfully defending previous support levels.

Key Resistance

First Resistance: 1.1620–1.1640
This is the nearest resistance zone where sellers may begin defending the recent rally.

Second Resistance: 1.1665–1.1685
A breakout above the first resistance could expose this higher target and extend the current uptrend.

Key Support

First Support: 1.1570–1.1585
The recent breakout area now acts as the first support. Holding above this zone would keep bullish momentum intact.

Second Support: 1.1520–1.1540
If price falls below the first support, this area could become the next demand zone where buyers may attempt another recovery.

Market Sentiment

Market sentiment remains bullish.

The steady series of higher highs and higher lows reflects continued buying interest. While short-term pullbacks remain possible after the recent rally, buyers remain in control unless key support levels are broken.

Please share your view below:

Will EURUSD continue its breakout and challenge the next resistance? Or is a short-term correction more likely before the next bullish move?

Feel free to share your thoughts in the comments.