🔥EUR/USD has staged an impressive recovery over the past few sessions, reclaiming key support levels and pushing directly into a major supply zone. Momentum is clearly favoring the bulls, but the real test begins here, where previous selling pressure has repeatedly emerged.

🏆Previously:

The current reaction around this resistance will likely determine whether the rally continues or pauses for a deeper pullback.

📈 Bullish scenario

If buyers manage to break and hold above the current supply zone, it would signal a continuation of the bullish trend and open the path toward higher liquidity. A confirmed breakout could attract fresh momentum buyers into the market.

📉 Bearish scenario

Failure to overcome this resistance may trigger profit-taking and a corrective move back toward the nearest demand zone. As long as that support remains intact, any pullback could simply be another opportunity within the broader uptrend.

For now, EUR/USD is approaching one of the most important technical areas on the chart. The market's reaction here should provide valuable clues about the next directional move.