Post #4485

🇪🇺🇺🇸EUR/USD | H1 SCENARIO Technical Structure & Macro Context EUR/USD continues to trade within a well-defined ascending channel, maintaining a sequence of higher highs and higher lows on the H1 timeframe. Recent price action shows controlled pullbacks into dynamic support, confirming that bullish momentum remains structurally intact, not exhausted. 📌Technical Perspective ✔️ Price is respecting the lower boundary of the rising channel, indicating active demand on retracements ✔️ Consolidation above the prior intraday high suggests healthy re-accumulation, not distribution ✔️ As long as structure holds, the market remains positioned for a continuation toward the upper channel resistance near 1.2200 📌Key Levels ✔️ Dynamic support: channel low / previous breakout zone ✔️ Intraday equilibrium: 1.1960 area ✔️ Upside objective: 1.2150 1.2200 liquidity zone 📌Fundamental Context From a macro standpoint, the pair is supported by divergent policy expectations between the ECB and the Federal Reserve. Persistent disinflation trends in the US, paired with shifting rate-cut timelines, continue to pressure USD strength. Meanwhile, relative stability in Eurozone data and improved risk sentiment favor EUR demand on dips. 📌Market Thesis As long as price remains above the rising structure, pullbacks are considered technical corrections within a bullish trend, not reversals. Any acceptance above mid-channel increases the probability of a measured move toward the upper boundary. 📈Bias: Bullish continuation 🧠Execution Focus: Structure → Patience → Confirmation