EUR/USD, Technical Analysis – H4

The euro is at a crossroads at a decisive moment. The pair has almost no room left for further consolidation inside the narrowing triangle, which means an impulsive breakout in one direction is imminent. The key resistance stands at 1.1460 — the market’s next direction will largely depend on whether bulls can successfully clear this level.

Key Levels:

□ 1.1460 – Key resistance / breakout level

□ 1.1410 – Lower boundary of current range

□ 1.1500 – Next upside target

Primary Scenario:

Final consolidation within the 1.1410–1.1460 range.

Alternative Scenario:

Breakout above 1.1460 with follow-through toward 1.1500.

Analyst Commentary:

Under current market conditions, both scenarios appear equally probable. Traders will need additional confirmation signals before committing to a directional bias.