# EURUSD Update: Bullish Bounce Expected

> EUR/USD rebounds after breaking below 1.1200 support.
- Title: EURUSD Update: Bullish Bounce Expected · TradingView
- Summary: EUR/USD rebounds after breaking below 1.1200 support. EUR/USD bounced from 1.1150 low to 1.12387 as it holds above 1.1200 support.
- Keywords: eurusd, forex, tradingview, eur, usd, support, bullish, bearish, business, finance, Update, Bounce
- Source: TradingView — https://tradingview.com/chart/EURUSD/xwbn8037-EURUSD-UPDATE
- Published: 2026-10-17T19:04:25+00:00
- Read time: 1 min
- Topics: eurusd, forex, tradingview, eur, usd, support, bullish, bearish, business, finance
## EUR/USD Daily Trend
EUR/USD has been in a steady downtrend since late April after topping 1.1750.
## Support Zones Broken
Price broke through support zones at 1.1450, 1.1350, and 1.1200 before hitting 1.1150.
## Current Bullish Bounce
EUR/USD bounced off 1.1150 low to 1.12387, holding above 1.1200 support.
## Key takeaway

EUR/USD bounced from 1.1150 low to 1.12387 as it holds above 1.1200 support.