📊 EUR/USD is trying to recover on the H4 framework after experiencing a strong downward wave, as the price begins to form a technical rebound from the lower border of the bearish pattern and the momentum of the MACD indicator gradually improves.

📈 Technically, the pair is currently approaching the key level of 1.1656, which is the separation zone between the continuation of selling pressure or the start of a new corrective uptrend.

🟢Waiting to purchase Purchase:
A clear break and stabilization above 1.1656 could push the pair towards targeting 1.1782 and then towards 1.1830 in the short term.

🔴Negative emotions:
Failure to break through and move back below 1.1573 could bring selling pressure back to 1.1473 and then 1.1400.

– It is currently best to wait for the breakout to be confirmed and the MACD indicator to remain positive, especially if volatility continues within the current pattern.

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