Euro has recovered against the USD with nice and sharp move up from 1.1300 that has an impulsive personality so it seems that more gains will follow as pair formed a bottom. But nothing moves in a straight line so a pullback that we are seeing right now is likely going to a be a corrective wave B which can slow down around 1.1500. Also current leg down can be sub-wave a of a deeper correction which can look for support near the 1.1440 region for the alternate scenario.
A break above the 1.1800 region will confirm more gains.
EURUSD, 4h
