EUR/USD has formed a strong upward move and is now retracing toward the 1.1545–1.1550 support area.

As long as this region holds, the chart structure favors a possible move toward:

TP1: 1.1565
TP2: 1.1575
TP3: 1.1590
TP4: 1.1595

A break below 1.1540 could change the short-term structure.

Market Structure: Bullish
Chart: 15-Minute