EUR/USD Bullish Breakout After Liquidity Sweep
EUR/USD has delivered a strong bullish breakout after sweeping liquidity above the recent highs, signaling potential Smart Money participation. The pair has successfully broken market structure and is now consolidating above a key support zone, suggesting buyers remain in control.
The highlighted demand zone could act as a solid foundation for further upside if price continues to hold above it. A sustained move above the current resistance may open the door for another bullish expansion toward fresh highs. However, if price fails to maintain support, a temporary pullback into the highlighted target zone could occur before the broader uptrend resumes.
Key Levels:
🟢 Support: 1.1480 – 1.1515
🔴 Resistance: 1.1565
🎯 Bullish Target: New highs above 1.1565
⚠️ Bearish Invalidation: A break below the demand zone could trigger a deeper correction.
Trading Plan:
Wait for bullish confirmation on lower timeframes before entering long positions. Avoid chasing price after strong impulsive moves, and always use proper risk management with a well-defined stop loss.
💬 What’s your outlook on EUR/USD? Bullish continuation or a pullback first? Share your analysis below!