EURUSD Intraday Outlook: M15 & H1 Key Levels | Bullish Setup
Market Context
EURUSD continues to maintain a positive market structure across multiple timeframes. Price behavior still reflects buyer dominance, especially as higher lows remain intact. The broader sentiment remains positive unless major support zones give way.
Market Trend: Bullish
Preferred Approach: Buy on Pullbacks
Sessions in Focus: London and New York
London Session Breakdown
H1 Chart Update: Price has broken past the previous 1.16147 high, confirming sustained bullish momentum. The breakout has formed a fresh support level at 1.15957—watch this zone for potential buy setups on a retest. Price action continues to reflect bullish conditions on the M15 timeframe. Short-term strength is confirmed by holding above 1.16060, and demand near 1.15955 is supported. The market may enter a second continuation phase if price moves above 1.16452 and upward momentum continues. In such a case, consolidation between 1.16177 and 1.16159 could serve as a re-accumulation zone before further expansion.
Key Market Zones
Short-Term Demand (M15)
1.15922 – 1.15955
Intraday support area
Potential buy zone on dips
Higher-Timeframe Demand (H1)
1.15922 – 1.15957
Structural support base
Key reaction zone for buyers
Resistance Zones
M15 Supply Region
1.16543 – 1.16562
Short-term rejection area
Potential profit-taking zone
H1 Supply Region
1.16513 – 1.16572
Major resistance cluster
Higher timeframe supply area
London Session Plan
The bullish outlook remains valid as long as price stays above 1.15829 on the H1 timeframe. Buyers continue to defend this level, keeping the upward structure intact.
However, if price fails to hold this support and moves below it, the current momentum could weaken. This may open space for short-term correction, with resistance likely developing around 1.15922 – 1.15957.
As long as this key level holds, upward continuation remains the preferred scenario.
New York Session View
Market sentiment remains firmly bullish with price printing higher lows, showing that dips are quickly being absorbed. While minor pullbacks are normal, the broader trend favors continuation as long as major demand zones stay intact.
Risk Check: A break below current support on heavy selling volume would temporarily shift our intraday bias toward a correction or consolidation.
Market Zones Summary
Demand Zones
M15: 1.15714 – 1.15748
H1: 1.15462 – 1.15545
Supply Zones
M15: 1.16543 – 1.16562
H1: 1.16513 – 1.16572
Key Conditions to Watch
Overall bias remains bullish
Buyers active on dips
Structure intact above 1.15829
Break below support may trigger correction
Momentum favors continuation while demand holds
Disclaimer
Educational Content Only: Not financial advice. Markets move fast and carry risk—always do your own independent analysis and manage your risk properly before taking any trades.
For more insights, refer to previous EURUSD forecasts
In addition, for daily EURUSD chart analysis refer my Forex Analysis EURUSD section