EURUSD | H1 Analysis
EURUSD is trading inside a descending channel and showing signs of bullish recovery from the lower boundary. Buyers are attempting to regain control after a prolonged correction.
📈 Bullish Scenario:
A breakout above the channel resistance could drive price toward the 1.1625 – 1.1645 supply zone.
📊 Key Levels:
🔹 Support: 1.1590 – 1.1600
🔹 Resistance: 1.1625 – 1.1645
Outlook: Price is testing a critical breakout area. Holding above recent lows keeps the bullish bias intact, with upside targets remaining in focus. 🚀📉 #EURUSD #Forex #TechnicalAnalysis
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