EUR/USD Is Recovering: Breaking 1.1570, Heading Toward New HighsEUR/USDOANDA:EURUSDKairo_VexenEUR/USD is currently in the process of recovering after hitting strong support at 1.1500. This is a positive sign as the price is bouncing back from the lows and beginning to build upward momentum. While it is still within a descending channel, the price breaking the 1.1530 resistance level indicates a potential continuation of the upward trend in the short term. The next key resistance level is 1.1570. If the price can break through this level and hold above it, EUR/USD could continue its strong upward move, opening up opportunities to reach new highs. However, if the price fails to stay above 1.1500, the possibility of a pullback to that support level remains high. Given the current trend, if EUR/USD successfully breaks through 1.1570, the pair could continue to move higher, creating favorable long-term trading opportunities for investors.