#### **Market Context** *"EUR/USD shows signs of recovery after Friday’s NFP-induced sell-off. The pair is holding above critical support levels as buyers step in, expecting potential upside ahead of key economic data releases today."*
#### **Technical Analysis** *"Today’s buy entry is supported by early bullish signals: - **Price Action**: The pair is forming higher lows on the H1 chart, indicating initial bullish momentum. - **EMA Support**: Price is attempting to reclaim the 20 EMA, which could confirm further upside if sustained. - **RSI**: Rising above 50, signaling strengthening buying interest. - **MACD**: Positive crossover on the H1 timeframe suggests potential upward movement.
Key Levels: - **Support**: 1.0500 (psychological level), 1.0480 (intraday). - **Resistance**: 1.0535 (initial target), 1.0555 (key resistance). A breakout above 1.0555 could open the door to further gains."*
#### **News Context** *"Upcoming: U.S. ISM Services PMI and Eurozone Sentix Investor Confidence are critical data points today, which could either fuel or limit the upside momentum. Previous: Friday’s NFP data boosted the USD, but traders now await fresh cues to gauge directional bias."*
#### **Call to Action** *"Do you expect EUR/USD to sustain its bullish recovery, or will resistance levels cap the upside? Share your analysis and trades below!"*
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