EUR/USD Bullish Recovery SetupEUR/USDOANDA:EURUSDEmpire_Forex44EUR/USD is showing signs of a potential bullish reversal after a strong bearish trend. The price has broken out of the descending channel and is now attempting to recover from the recent sell-off. 🟢 Current Support Zone: 1.1365 – 1.1375 This area is acting as a key demand zone. As long as buyers defend this level, the bullish outlook remains valid. 🔵 First Resistance: 1.1400 – 1.1410 A successful breakout and close above this zone could confirm bullish momentum. 🎯 Target 1: 1.1435 – 1.1440 If buying pressure continues, price may test this resistance area. 🚀 Target 2: 1.1450 – 1.1460 A break above the first resistance could open the way for further upside. ⚠️ Bearish Scenario: If price fails to hold above 1.1365, the pair could revisit lower support levels before another recovery attempt. 📊 Market Outlook: ✅ Descending channel breakout ✅ Strong support holding ✅ Buyers attempting to regain control ✅ Watch for confirmation above 1.1400 💡 Trading Tip: Wait for a confirmed bullish candle or breakout above resistance before entering. Always use proper risk management and avoid overleveraging. #EURUSD #Forex #PriceAction #TradingView #Support #Resistance #Bullish #ForexTrading #TechnicalAnalysis