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EURUSD H4 Technical Analysis: EURUSD is trading at 1.13964 on the 4-hour chart and the pair is currently pulling back into a key support area after rejecting from the 1.14528 highs. The H4 timeframe shows a clear bullish structure that has been in place since mid-June, with price making higher highs and higher lows along a rising red trendline. The current move is a healthy retracement rather than a reversal, but price is now at a decision point where buyers need to defend support or risk a deeper correction. The red rising trendline is the most important technical element on this chart. It connects the 1.13180 low from late June with the higher lows made on July 2nd and July 8th. Every dip over the last 3 weeks has been bought near this line, confirming that buyers are in control on H4. The red arrow extending up from the trendline shows the projected path if support continues to hold. As long as EURUSD closes above this trendline, the bias remains bullish and dips should be bought. A 4-hour close below the trendline would be the first technical break and would warn that momentum is shifting in favor of sellers. Immediate support is the grey zone between 1.13428 and 1.13538. This area acted as resistance in late June, then flipped to support after the breakout, and it is now being tested again. The blue arrow pointing up from this zone highlights that it is the next major demand area if the trendline breaks. Price wicked down to 1.13868 today but closed back above 1.13900, which shows that buyers are stepping in on weakness. A 4-hour close below 1.13428 would confirm that the pullback is deeper and would likely target 1.13208 and then 1.13098. On the upside, resistance is marked by the recent swing high at 1.14528 and then 1.14638 above it. The market rallied to 1.14528 on July 8th and again on July 12th, but both times it was rejected with long upper wicks. This tells us that sellers are defending this area for now. The teal horizontal line at 1.13964 is the current pivot. It acted as support during the July 2nd rally and is now acting as resistance after the drop. A 4-hour close above 1.13964 would give bulls a chance to push back toward 1.14308 and then retest 1.14528. A break and close above 1.14528 would confirm trend continuation and open the path toward 1.14748 and 1.14858. Looking at price action, the last 6 H4 candles show volatility and indecision. We have seen strong red candles pushing down from 1.14528, followed by buying near 1.13868. The wicks are long on both sides, which means neither buyers nor sellers have full control yet. Momentum has slowed compared to the impulsive move from 1.13180 to 1.14528, which is typical after a fast 140-pip rally. The market is consolidating to digest gains before the next leg. From a structural perspective, EURUSD H4 remains bullish while above the red trendline and the 1.13428 demand. The sequence of higher lows is still intact, and there has been no break of market structure to the downside. For bulls, the key is to hold 1.13868, reclaim 1.13964, and then break 1.14528. That would put price back in trend-continuation mode with targets at 1.14748. For bears, they need a 4-hour close below the red trendline followed by a break of 1.13428. That would confirm a deeper pullback and could shift H4 bias to neutral or bearish. In summary EURUSD is in a pullback within an uptrend. Support is defined by the rising trendline and the 1.13428-1.13538 demand zone. Resistance is at 1.13964 and 1.14528. As long as 1.13428 holds, the H4 bias stays bullish and buyers will look to defend dips. A break below 1.13428 flips short-term bias and opens the door for a test of 1.13208. For now, expect choppy price action around 1.13964, with a close above 1.14528 needed to resume the uptrend.