EURUSD is moving within a steady uptrend, with the trendline consistently supporting pullbacks. Following the recent breakout, there has been no significant selling pressure; instead, a period of consolidation just below the resistance zone suggests that buyers retain the upper hand.

Fundamentally, the US dollar remains under pressure as the market anticipates the Fed will maintain a more dovish stance in upcoming meetings. This allows the euro to sustain its relative strength in the short term.

In my view, the 1.1530 level is likely to serve as a support point should a pullback occur. Provided this area holds and buying interest returns, EURUSD has the potential to extend its upward momentum toward the 1.1567 level.