Eseandre Mordi
⬤ EUR/USD is riding strong bullish momentum on the 1-hour timeframe, with price action showing a clean shift in market structure. The pair has been printing higher highs and higher lows, backed by solid buying pressure that pushed it toward the 1.1820 area. This isn't just noise—it's a structural change that suggests buyers are in control.
⬤ The chart shows a textbook change of character followed by a decisive break in structure. That move left behind a fair value gap and a former resistance zone in the mid-1.17s, which now flips to support. This level could be where price catches its breath before making the next leg up.
⬤ As long as EUR/USD stays above that support zone and FVG, the bullish case remains solid. Any dip into this area would likely be a healthy pullback rather than a reversal. The next big target sits around 1.19, where prior highs and liquidity clusters are waiting.
⬤ What makes this setup interesting is the combination of clean structure and momentum. If the support holds, the upside path stays open. If it breaks, we might see some consolidation. How price behaves around the mid-1.17s will tell us whether bulls are ready to push higher or need more time to regroup.
Eseandre Mordi
