EUR/USD: Looking for a bounce, charts don't lie!

Hey KoraFX fam! Simran Kapoor here, back with a fresh setup. EUR/USD has been doing its sideways thing lately, but after a slight dip today (down 0.17% from yesterday), I'm seeing potential for a nice intraday long. Current price is hovering around 1.08319, but my entry is a tad lower.

Technical Snapshot

The market's been ranging between our key support at 1.0805 and resistance at 1.0859. Today's low touched 1.08047, which shows that 1.0805 level is holding strong. I'm looking to enter a long position around 1.0823, eyeing a bounce from this consolidated zone. My stop loss is set at 1.0779, just below the next major support at 1.075. We're targeting 1.091, pushing past the immediate resistance at 1.0859 and even the 1.09 psychological level. Trust the process, the charts are showing some real potential for a push higher here.

Fundamental Outlook

While the trend is sideways, we've seen the dollar showing some strength recently. However, with upcoming economic