*EUR/USD Technical Overview* EURUSD recently showed strong bullish momentum, breaking above previous highs. However, a corrective pullback is currently underway. The RSI is retreating from overbought levels, indicating a pause or mild retracement in the upward movement. Support and Resistance Levels Resistance: 1.1620, 1.1535 Support: 1.1480, 1.1430 Buy Scenario A bullish rebound from 1.1480 with confirmation from price action and bullish candles may open the door for a retest of 1.1535 and 1.1620. Sell Scenario Break and close below 1.1480 may lead to further downside toward 1.1430, especially if RSI remains under 50 and moving averages cross down.