Technical Analysis of the EUR/USD Pair
The EUR/USD pair is moving in an upward trend on both the daily and the four-hour timeframes. Prices successfully formed an important buying zone around the 1.1686 level and rebounded upward from it. The pair is currently trading around 1.1716, and further price increases are expected during the day.

Key Economic Events:
The US Dollar is awaiting today the quarterly Gross Domestic Product data, Unemployment Claims data, and the Personal Consumption Expenditures index. These releases are expected to have a significant impact on the movement of the US Dollar during the day.

Liquidity Levels:
Prices are expected to rise and target the 1.1786 level, followed by the 1.1809 level.

Scenario Invalidation:
The bullish scenario mentioned in this report will be invalidated if prices visit the 1.1633 level.