EURUSD is facing the support of the rising trend line on the 4-hour chart. As long as the trend line support holds, the pullback from 1.1496 could be treated as consolidation for the uptrend from 1.0778, and another rise towards 1.1600 is possible after the consolidation. On the downside, a breakdown below the trend line support would indicate that the upside movement had completed at 1.1496 already, then the pair would find next support at around 1.1150.
