On the EURUSD H1 chart the market has been in a tight consolidation zone between roughly 1.152 and 1.162 for the past 24 hours. The price has been bouncing off a low near 1.152, then climbing to a high close to 1.162, before retracing back toward the 1.156 area. This oscillation indicates a classic range‑bound market that is now showing signs of a bullish breakout. The recent swing low at 1.152 is a strong support level that has held for multiple candles, while the upper boundary at 1.162 has acted as a resistance that the price has struggled to break…

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