Bullish scenario: • We need a new positive consolidation and a break above 1.14000 to say that the EURUSD recovery has begun. • Then we will have the support of the MA20 moving average, while at 1.14000, we will have the MA50 moving average as a potential obstacle to the bullish trend. • The next resistance zone is at 1.15000 and above it the next at 1.17000 with additional resistance in the MA200 moving average. Bearish scenario: • We need a continuation of this negative consolidation and a break below the bottom line of support. • A break below 1,11860 will form a new low this year. • Greater support on the chart awaits us in the zone around 1.10000, the minimum from May last year.