EURUSD is trading within a broader bullish market structure after completing a healthy pullback from recent highs. Price has already broken out of the previous falling channel, showing that buyers are attempting to regain momentum.

The current focus is the rising trendline, which is acting as dynamic support. As long as price remains above this area, the overall structure continues to favor higher prices. A successful reaction from this support could open the way for another move toward the recent swing highs.

Technical Outlook

Bias: Bullish
Timeframe: 15 Minutes
Structure: Higher Highs & Higher Lows
Key Support: Rising Trendline
Key Resistance: Recent Swing High

Possible Targets

Target 1: 1.1525
Target 2: 1.1545
Target 3: 1.1565
Extended Target: 1.1580–1.1600

Risk Scenario
A sustained move below the rising trendline may weaken the current bullish structure and increase the possibility of a deeper correction before another trend continuation.