EURUSD Technical Analysis (H4)
EURUSD remains in an overall bullish structure after a strong impulse move. Price is currently retesting the Fibonacci support zone, where buyers may regain control.
๐ Bullish Scenario: Holding above the 0.618โ0.786 retracement could trigger another push toward the 1.1550โ1.1600 resistance area.
๐ Bearish Scenario: A confirmed break below the support zone may lead to a deeper correction before the next bullish leg.
Trade Smart: Wait for price confirmation before entering. Risk management is essential.
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