EUR/USD at a Pivotal Moment: Will It Breakout or Retrace?

EUR/USD is currently trading around 1.04032, forming a key decision zone. The market is at a critical crossroads, where a breakout or rejection will define the next major trend.

✅ Bullish Outlook
If EUR/USD breaks and holds above 1.04412 - 1.04574, we could see a rally toward 1.04657.

Strong momentum above this level may lead to a further push toward the upper trendline.
❌ Bearish Outlook
A rejection at 1.04574 could trigger a pullback toward 1.03903 - 1.03788.

If this level fails, the next major support zone lies at 1.03554 - 1.03089, signaling a deeper correction.
🔥 Key Takeaway
The 1.04412 - 1.04574 zone is the ultimate decision point:
Breakout = Bullish Trend 📈 | Rejection = Bearish Correction 📉

⚠️ Risk management is crucial – Trading decisions are solely the trader’s responsibility! 🚨