The EURUSD M5 chart shows a consolidating pattern following a sustained downtrend from 1.1477 to 1.1379. The most recent candle closes at 1.13793, with a low of 1.1379, suggesting potential support at this level. Volume on the entry candle (51) is moderate, aligning with the consolidation phase and indicating possible accumulation. The pair has been trading within a narrow range, with the close of the last candle near the lower end of this range, creating a setup for a reversal. The recent lows act as a critical support level, and the price has tested it multiple times without breaking, implying…

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