EURUSD has recovered strongly from the recent decline, shifting the short-term structure back in favour of buyers.

The current move may still experience periods of consolidation and corrective price action, but the overall structure suggests the recovery has room to extend. We are watching for the market to establish another higher low before bullish momentum potentially resumes and drives EURUSD toward fresh highs.

The key focus from here is whether buyers can maintain control through the next correction and continue the developing bullish sequence.

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