EUR/USD Hovers Near Key Support at 1.1576

The EUR/USD pair holds pivotal support at 1.1576 after pulling back from recent highs around 1.1630 and a year-to-date peak of 1.2082. Analysts see a bullish tilt if it bounces from this level, though a bearish flag pattern on the daily chart signals potential further retreat below the 50-day EMA. Resistance looms at 1.1655, with upside targets near 1.1835 if breached, while supports sit at 1.1400 and 1.1200. Read more about this...