EUR/USD is currently holding above a well-defined major support zone around 1.1490–1.1500 after a healthy pullback from recent highs. Price continues to respect the ascending trendline and remains above the EMA 50, suggesting that the broader bullish structure is still intact.

The recent decline appears to be a corrective move rather than a trend reversal. If buyers defend the highlighted support area and bullish momentum returns, EUR/USD could resume its upward move toward the next resistance levels. A strong bullish confirmation from support would strengthen the continuation of the uptrend.

🎯 Key Levels (Must Watch)
🟢 1st Target: 1.15800
🟢 2nd Target: 1.16210
🔴 Major Support Zone: 1.14900 – 1.15000

✅ Market Focus:
U.S. Non-Farm Payrolls (NFP) and labor market data remain the key catalyst for EUR/USD volatility today. Strong USD data could pressure the pair lower, while weaker-than-expected results may fuel further EUR/USD upside.

⚠️ Disclaimer: This analysis is for educational purposes only. Always use proper risk management and wait for confirmation before entering any trade.