$EUL is showing aggressive bullish expansion on the 1H structure, printing higher highs and higher lows after reclaiming the 0.90 zone with strong volume confirmation.
Market insight suggests momentum continuation as price sustains above 1.05, supported by rising short-term moving averages and expanding buy pressure.
Immediate resistance sits near 1.12–1.13; a clean break and hold above this band could trigger another impulsive leg.
Key support now flips around 1.02, with deeper structural demand resting near 0.95.
Trade point for intraday momentum traders lies on pullbacks toward 1.05–1.07 with controlled risk below 1.02.
Breakout traders may look for confirmation above 1.12 for continuation entries.
TG1: 1.15
TG2: 1.20
TG3: 1.28
