EURUSD: Euro Begins to Rebuild Above Key SupportEUR/USDOANDA:EURUSDDomicChainaEURUSD is entering a much more interesting phase. After the sharp decline toward the 1.1320–1.1350 area, buyers have managed to prevent another wave of selling and have lifted the pair back toward 1.1400. This is not a confirmed trend reversal yet, but it does suggest that bearish momentum is no longer as one-sided as it was last week. What makes this setup worth watching is the change in price behaviour. Instead of extending lower after the selloff, EURUSD has started to slow down, build a short-term base, and stabilize around the EMA34. In this type of structure, if sellers fail to break the recent lows, a technical recovery can develop much faster than many traders expect. The fundamental backdrop has also become slightly more balanced. While the US Dollar remains strong in the broader picture, Reuters reported that the Dollar eased at the start of the week, allowing the euro to gain around 0.39% as traders focused on the ECB Forum and the upcoming US employment data. Reuters also noted that ECB President Christine Lagarde highlighted the improved resilience of the Eurozone economy, giving the ECB greater policy flexibility if inflation remains persistent. This week's Forex Factory calendar is packed with high-impact events, including speeches from ECB President Lagarde, Germany's preliminary CPI, US CB Consumer Confidence, JOLTS Job Openings, followed by ADP Employment, ISM Manufacturing PMI, and Non-Farm Payrolls. These releases could determine whether EURUSD has enough momentum to extend its recovery toward the 1.1465 resistance area.