EUR/USD Signal: Breakout Trade Eyes ECB Hawkish Surprise
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A sustained move above 1.1640 would confirm bullish continuation for EUR/USD, especially if the ECB's guidance leans hawkish amid rising energy-driven inflation pressure. The pair's reclaim of its 200-day MA adds technical weight to the breakout scenario.
Trade Setup: Entry 1.1645, Take Profit 1.1710, Stop Loss 1.1615. Risk/Reward: approximately 2.17:1. Traders should monitor post-decision volatility closely, as a failure to hold above 1.1604 would shift bias back toward consolidation.
