EURUSD is approaching a key resistance zone after a bullish move from the order block and trendline support. The structure shows higher lows, indicating strengthening bullish momentum while price remains supported above the demand zone.
If price breaks and holds above the 1.1760 resistance area, continuation toward the 1.1835 target becomes more likely. However, rejection from resistance could lead to a pullback toward the 1.1720 order block support before another bullish attempt.
Bias:
Bullish while price holds above the order block and trendline support, with upside potential toward 1.1835.
Educational purposes only — not financial advice.
If price breaks and holds above the 1.1760 resistance area, continuation toward the 1.1835 target becomes more likely. However, rejection from resistance could lead to a pullback toward the 1.1720 order block support before another bullish attempt.
Bias:
Bullish while price holds above the order block and trendline support, with upside potential toward 1.1835.
Educational purposes only — not financial advice.
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Technical & fundamental analysis
Risk management tips to protect your capital
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.