⬤ EUR/USD continues pushing higher on the daily chart, shaking off shallow dips after its latest rally. The pair climbed from demand around 1.1600 and now sits near 1.1830, comfortably above what used to be resistance. Market watchers see downside as limited, with the 1.1800 area shaping up as the line in the sand.
⬤ The chart tells a straightforward bullish story—higher highs and higher lows stacking up since late 2025. After sideways action in December, EUR/USD punched through and kept climbing without any sharp reversals. Old supply zones marked on the chart have flipped their role, now serving as support that's holding the trend intact.
⬤ That 1.1800 zone stands out as the spot to watch if price dips back. The projection suggests a move toward 1.1940, lining up with previous highs on the left side of the chart. What's telling is the absence of heavy selling—pullbacks stay shallow and haven't come close to breaking key support.
⬤ This matters beyond just EUR/USD. The pair acts as a barometer for global risk appetite and dollar strength, so sustained action above former resistance ripples through major FX pairs and shapes volatility. How price handles 1.1800 will set the tone for what comes next, while a push toward higher levels would cement the daily uptrend already visible on the chart.
