*EUR/USD Technical Overview* EURUSD is displaying a bullish rebound following a retracement from the 1.1625 high. The price has now crossed above short-term moving averages, indicating renewed upward momentum. RSI stands at 65.16, approaching overbought territory, but still supportive of continued gains in the short term. Support and Resistance Levels Resistance: 1.1545, 1.1575 Support: 1.1480, 1.1445 Buy Scenario A confirmed break and hourly close above 1.1545 could open the path to 1.1575 and possibly 1.1600. Look for RSI continuation above 70 for added confirmation. Sell Scenario Failure to break 1.1545 with rejection candles may initiate a drop toward 1.1480. A break below 1.1445 would invalidate the bullish structure.