EUR/USD has recently broken out of a short-term falling channel and is attempting to regain bullish momentum. Price reacted from a previously respected support zone and buyers managed to push the market back above the local structure.

The highlighted demand area remains important. As long as price continues to hold above this region, the market may attempt another move toward the recent swing highs.

Key Support:

1.1520 – 1.1510
Major Demand: 1.1440 – 1.1435

Resistance Levels:

1.1540
1.1560
1.1580
1.1600

Possible Scenario:

Holding above support keeps the short-term bullish structure intact.
A move above 1.1540 could open the way toward higher resistance levels.
If price loses the highlighted support, a deeper pullback into the demand zone may become possible.

Chart Timeframe: 15 Minutes