EURUSDEuro / U.S. DollarFOREXCOM:EURUSDHAMED_AZHello Traders! 👋 What are your thoughts on EURUSD? EUR/USD was rejected after reaching the 1.1700 area and has now returned to the previously identified resistance-turned-support zone. This area is supported by several technical factors, including the ascending trendline, Fibonacci retracement levels, and the horizontal support zone, increasing the probability of a positive reaction. As long as price remains above this support area, we expect buyers to step in and anticipate a bullish reaction, with price potentially moving toward the 1.1795 area and the higher target marked on the chart. However, if price breaks below this zone and a daily candle closes beneath it, the bullish setup will be invalidated and the upward scenario should be reconsidered. If you found this analysis helpful, please support it with a like and share your thoughts in the comments! Good luck with your trades!❤️