EURUSD Bullish Reversal: Double Bottom Potential at 1.1676EUR/USDOANDA:EURUSDAli_analyticsThe current price action for EURUSD is approaching a critical support zone, as visualized in the attached chart EURUSD_2026-05-13_17-45-49.png. After a significant corrective arc, the pair is testing a major horizontal support level that could trigger a strong bullish recovery. Technical Highlights: Support Level: A firm floor has been established at 1.16769, acting as our primary pivot for a potential double-bottom formation. Market Structure: The blue arc indicates a completed rounded top, followed by a sharp descent toward the current accumulation zone. Risk Management: A strict stop loss is positioned just below the recent lows to protect against a breakdown. Price Targets: If the support at 1.1676 holds, we are looking for a sequential move toward the following upside targets: Target 1: 1.17073 Target 2: 1.17415 Target 3: 1.17689 Target 4: ~1.17850 (Previous Swing High) Note: Watch for bullish price action signals (like an engulfing candle or pin bar) at the support level before entering. Volume confirmation will be key for the move to Target 1.