EURUSD

The EURUSD pair continues to maintain its positive outlook by moving along the trend. As long as it stays above the 1.1647 – 1.1650 region, which overlaps with the lower boundary of the Envelopes indicator, there may be potential for a recovery towards the 1.1822 level. In this process, surpassing the 1.1766 level could accelerate the upward movement. However, if a sustained position is established below this region and trend, the 1.1550 level may come into focus.