EURUSD Breakout and Potential Retrace

[bonk]

Hey Traders, in today's trading session we are monitoring EURUSD for a buying opportunity around 1.15600 zone, EURUSD was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 1.15600 support.

[Nahid Hossen]

EURUSD shows early breakout signals but watch for a pullback to confirm strength before continuation.

[EmTeam]

A retest of the previous resistance near 1.07 could provide a cleaner entry for directional traders.