EURUSD is respecting a clear ascending trendline acting as vertical support forming a Elliott Wave 5 wave impulsive structure followed by a corrective falling wedge pattern price has pulled back in a controlled correction towards the trendline where demand is expected to step in a bullish breakout from the wedge near the 1.1650 level would confirm continuation of the primary uptrend targeting a move back towards resistance impulse and correction behavior indicates strong bullish order flow remains intact and a higher low formation will likely trigger fresh buying momentum.