EURUSD 1H – Topside Liquidity After Geopolitical Relief

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🌏EURUSD gained strength after the provisional two-week ceasefire between the US and Iran, which reduced safe-haven demand for the dollar, eased oil pressure, and supported the euro in the short term.

📉On the 1H chart, price broke the descending trendline and moved straight into the decision zone between 1.1700 and 1.1720, an area defined by a whole number, upper liquidity, and potential distribution.

📊In a PVSRA reading, the breakout alone means very little. What matters most is where institutional activity appears within the range and how price reacts afterward. When the market accelerates into the top of an expansion and runs into liquidity above recent highs, that can mean continuation, but it can also mean distribution. Very often, price first induces, then sweeps liquidity, and only afterward reveals the real direction.

📊Because of that, the higher-probability scenario here still looks like a short or moderate pullback before the next decision. The macro backdrop remains mildly supportive for the euro as long as the ceasefire holds, but the liquidity sitting at the top calls for caution.

📌Key levels:
Resistance: 1.1700–1.1720
First support: 1.1655
Pullback targets: 1.1620 and 1.1600
Upper liquidity: 1.1800

🔴Bearish setup:
Aggressive entry: clear rejection below 1.1690
Conservative entry: loss of 1.1655
Stop: above 1.1720
Take 1: 1.1655
Take 2: 1.1620
Take 3: 1.1600

🟢Bullish setup:
Only valid with real acceptance and sustained price action above 1.1700–1.1715
Stop: below 1.1680
Take 1: 1.1745
Take 2: 1.1770
Take 3: 1.1800

💡Summary:
The macro backdrop explains the rally, but the PVSRA reading now matters more than the headline itself. If institutional activity at the top is signaling distribution, a move back toward 1.1655, 1.1620, and 1.1600 becomes favored. If there is real acceptance above the decision zone, the path opens toward 1.1745, 1.1770, and 1.1800.

⚠️This content is for educational and informational purposes only. It is not financial advice. Always manage your risk with discipline.

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