EUR/USD Bullish Trendline Breakout Eyes 1.16065
EUR/USD is maintaining a strong bullish structure after respecting the ascending trendline and finding support near the Ichimoku cloud. The recent rebound from the trendline suggests buyers remain in control, with price attempting to continue the broader uptrend.
A successful hold above the 1.1548–1.1550 support area keeps the bullish outlook intact. If buyers sustain momentum and break above the recent resistance around 1.1565–1.1570, the pair could extend its rally toward the highlighted target at 1.16065.
Bullish Target: 1.16065
Key Support: 1.1548 – 1.1550