# EURUSD Forecast: Bullish Channel Breakout

> EUR/USD could rise to 1.1340 if it breaks above 1.1260.
- Title: EURUSD Forecast: Bullish Channel Breakout · TradingView
- Summary: EUR/USD could rise to 1.1340 if it breaks above 1.1260. EUR/USD may reach 1.1340 after breaking 1.1260 support.
- Keywords: eurusd, bullish, channel, breakout, support, resistance, business, finance, Forecast, TradingView
- Source: TradingView — https://tradingview.com/chart/EURUSD/xrEVjP8T-EURUSD-Forecast
- Published: 2026-10-19T08:30:59+00:00
- Read time: 1 min
- Topics: eurusd, bullish, channel, breakout, support, resistance, business, finance
## EUR/USD Technical Setup
EUR/USD shows potential bullish continuation after rejecting 1.1182, 1.1194 support.
## Bullish Scenario
Sustained breakout above 1.1260 could target 1.1300 and 1.1340.
## Bearish Alternative
Break below 1.1182 would shift momentum to sellers targeting 1.1140 and 1.1110.
## Key takeaway

EUR/USD may reach 1.1340 after breaking 1.1260 support.