EURUSD AnalysisEUR/USDOANDA:EURUSDDan-GoldfxEURUSD is currently consolidating between 1.55 and 1.50, sitting right between the 0.618 and 0.786 Fibonacci levels. I would like to see another bounce from this strong support zone, pushing price back toward the 0.618 level, and ideally breaking above it to target 1.60 later this week. On the bearish side, if EURUSD breaks below support and loses the 0.786 fib level, price could move quickly to 1.47, completing the fractal. From there, we might see either a strong bullish rejection and a new upward structure—or continued downside, supported by the recent strength of the USD, especially as markets price out rate-cut expectations.