Overview & Technical Breakdown:
​Symbol: EURUSD
Timeframe: 2 Hours (2h)
Direction: Long / Bullish

​Key Technical Factors:
​Key Support Holding: EUR/USD is currently testing strong horizontal support at the 1.1200 key psychological level, showing signs of price rejection and stabilization around 1.1217.

​Curved Resistance Line (Decelerating Downward Momentum): Price has been compressed under a curved falling resistance/arc line, indicating that the selling pressure is tapering off near the 1.1200 base.
​Resistance Target: Major overhead horizontal resistance sits around 1.1270, which forms the top of the local range.

​Trade Setup & Entry Strategy:
​Phase 1 (Initial Breakout):
​A breakout above the curved compression trendline confirms bullish momentum resuming toward the 1.1270 resistance zone.
​Phase 2 (Confirmation & Continuation):
​A sustained break and candle closure above 1.1270 clears the path for a secondary expansion leg toward the 1.1300 target level.
​Trade Parameters:
​Entry Zone: Around 1.1215 – 1.1235 (on trendline breakout / confirmation)
​Target 1: 1.1270
​Target 2: 1.1300
​Stop Loss: Below support around 1.1190 (invalidates the bullish setup if broken

Disclaimer: Do your own research and don’t follow or take any trade calls blindly.