EUR/USD: Bullish Structure Faces Final Boss at 1.1800

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After a swift rebound from early-July’s fair value gap (FVG), EUR/USD is now locking horns with the 1.1800 level – a psychological barrier that has twice denied upside momentum since June. The pair maintains a bullish market structure, with demand zones being consistently respected and previous FVGs efficiently filled.

But here’s the catch: 1.1800 has been a graveyard for breakout attempts, and bears have proven they’re not giving in without a fight. Traders now face a strategic conundrum: chase the breakout and risk slippage, or re-enter on a potential pullback toward the next FVG?

The next few sessions could define directional conviction for August. Stay agile – and let price lead.

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