The EUR/USD stayed above 1.1541 support and created a double bottom pattern, not yet confirmed from 1.1592-1.1600 resistance zone. If the pair gains momentum and breaks above the range (1.1541–1.1592), then the 1.1612 weekly R1 level and 1.1669 can be targeted, depending on momentum. In case the pair moves below 1.1541, immediate support comes at 1.1530, and if the pair can't find support there, a strong move will lead it next to the 1.1500–1.1490 support zone. This zone should support buyers for today, but any unexpected negative news might trigger a bigger drawdown towards the 1.1469 low.
Daily volatility (range) 43 pips
Significant news - GER ZEW Sentiment
Have a great day

1H
Daily volatility (range) 43 pips
Significant news - GER ZEW Sentiment
Have a great day
1H
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