EURUSD – Breakout From Falling Resistance, Retest Holding Well

EUR/USD was trading under a falling resistance trendline for a long time, with sellers consistently stepping in at higher levels. Recently, price managed to break above this trendline, which was the first sign that bearish pressure was easing.

After the breakout, price came back for a retest of the broken structure and previous resistance area. This retest is holding well so far, showing that buyers are defending the level and not allowing price to slip back below the structure.

What stands out here is how price respected the retest and then pushed higher, leaving behind a small imbalance. This often indicates acceptance above the breakout level rather than a false move.

As long as price holds above the retest zone and structure support, the path of least resistance remains to the upside, with higher resistance levels marked on the chart. A clean breakdown below this area would invalidate the bullish view.

This is a structure-based idea, not a prediction. Let price continue to confirm.

Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Trading involves risk. Please manage risk responsibly.