EURUSD Bullish Recovery Setup

EURUSD shows strong recovery near 1.1232 after support zone hold.

Oct 16, 2026

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EURUSD Bullish Recovery Setup

EURUSD shows strong recovery near 1.1232 after support zone hold.

In brief

EURUSD shows strong recovery near 1.1232 after support zone hold. EURUSD rebounds to 1.1232 after holding 1.1120, 1.1170 support zone. Originally reported by TradingView.

Current Price Action

EURUSD rebounds to 1.1232 after holding 1.1120, 1.1170 support zone.

Key Support Zone

1.1120, 1.1170 region holds buying interest for recovery.

First Resistance Target

First Resistance Target

1.1300 is next major upside level to monitor.

Second Resistance Target

1.1380 follows if EURUSD breaks 1.1300 resistance.

At a glance

EURUSD rebounds to 1.1232 after holding 1.1120, 1.1170 support zone.

Read the original on TradingView

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