Technical Analysis of EUR/USD
The EUR/USD pair is moving in an upward trend on both the four-hour and one-hour timeframes. Price has rebounded to the upside from an FVG zone around the 1.1740 level on the four-hour chart. The pair is currently trading around the 1.1758 level, and further upside is expected during today’s session.

Key Economic News
The US dollar is awaiting several important economic data releases today, including Non-Farm Private Employment Change, Average Hourly Earnings, Retail Sales data, Unemployment Claims, and the Services and Manufacturing PMI data. These releases are expected to have a significant impact on the US dollar and consequently on the EUR/USD pair.

Liquidity Levels:
Prices are expected to rise and target the 1.1769 level, followed by the 1.1775 level.

Invalidation Scenario:
The bullish scenario will be invalidated if a four-hour candle closes below the 1.1735 level.