🔹 EURUSD price action shows a bullish market structure following a breakout from the recent consolidation range. Price moved above the local resistance near 1.1560, suggesting increased buying pressure after holding the 1.1520–1.1530 support area. The chart highlights liquidity zones around 1.1616 and 1.1645, which may act as potential resistance areas. The recent breakout appears constructive, while the highlighted support zone remains important for maintaining the current structure. A pullback toward this area could provide further information about whether the breakout is being accepted.

🔸 If EURUSD continues to respect the highlighted support zone, price could potentially revisit the upper liquidity areas, with further upside depending on confirmation from price action and market structure. Traders may wait for a clear reaction or confirmation before considering any trade. If the key support zone fails, the bullish structure could weaken and price might move back toward the previous consolidation range. This technical analysis focuses on price action, breakout structure, support, resistance, liquidity, and overall market behavior.

This analysis is for educational purposes only and does not constitute financial or investment advice. Always conduct your own research before making trading decisions.