The EURUSD H4 chart shows a consolidation phase following a sustained downtrend, with price action ranging between 1.1450 and 1.1470 since the last significant low at 1.13636. Recent candles have formed higher lows and higher highs, indicating a potential bullish reversal. The close at 1.13636 aligns with a key support level, where the price has found traction after a sharp decline. Volume has been relatively low during the consolidation, suggesting diminished selling pressure and possible accumulation. The current setup favors a breakout above the consolidation high, which would confirm renewed bullish momentum. With the pair trading near the lower end…

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