EURUSD H1 ANALTSIS

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