The chart shows EUR/USD recovering after completing a correction inside a descending channel. Price has respected an important support area and is now attempting to build a higher-low structure.

The current market structure suggests buyers are trying to regain control, although confirmation will depend on price action around nearby resistance.

Bullish Levels

✅ Target 1: 1.1540

✅ Target 2: 1.1560

✅ Target 3: 1.1585

✅ Target 4: 1.1600

Support Zone
1.1520 – 1.1510
Major Demand
1.1440 – 1.1435

If buyers continue defending the current support, the market may gradually revisit higher resistance levels. However, losing the support area could increase the chance of another corrective move before any continuation.