EUR/USD continues to show a short-term bullish bias after a strong rebound from the 1.1675 support area. However, the pair is still trading within a broader consolidation range formed over the past two weeks.

💡 Market Momentum
📈 Momentum indicators are improving:
RSI (4H) around 65, showing bullish strength
MACD histogram turning positive with growing green bars
👉 This suggests increasing upside momentum in the short term.

📊 Key Technical Levels
🔴 Resistance Levels:
1.1790 → Major resistance (recent highs, key barrier)
1.1850 → April 17 high
1.1930 → February swing high
👉 Bulls must break 1.1790 to continue upward trend.

🟢 Support Levels:
1.1690 → Minor daily support
1.1645 – 1.1675 → Strong demand zone (repeatedly tested)

⚠️ Market Outlook
While momentum is bullish, EUR/USD remains range-bound, and price is currently facing strong resistance at 1.1790.
👉 A breakout above this level could confirm continuation bullish trend.
👉 Failure may lead to another pullback toward support zones.