EURUSD Consolidation bullish momentumEuro/US DollarFX:EURUSDMR_GOLD_12EUR/USD is showing signs of recovery after a strong bearish move pushed the pair into a major support zone the sharp rejection from these lows indicates that buyers are defending the area and attempting to regain short-term control of the market. From a technical perspective, the recent selloff may have been an overreaction, with price now correcting higher before deciding its next major direction. A sustained move above resistance would confirm stronger bullish sentiment, while failure to break higher could result in another test of support. The current bounce is likely driven by a combination of technical buying, profit-taking from sellers, and market reactions to economic news affecting the U.S. Dollar and Euro. As long as the pair remains above support, the bullish momentum could extend toward the 1.1572 and 1.1601 resistance levels. You may find more details in the chart, Trade wisely best of luck buddies. Ps; Support with like and comments for better analysis Thanks for Supporting.