The EUR/USD pair still faces further upside pressure on recovery. On the upside, resistance comes in at 1.1700 level with a cut through here opening the door for more upside towards the 1.1750 level.

Further up, resistance lies at the 1.1800 level where a break will expose the 1.1850 level.

Conversely, support lies at the 1.1600 level where a violation will aim at the 1.1550 level. A break of here will aim at the 1.1500 level. Below here will open the door for more weakness towards the 1.1450. All in all, EUR/USD faces further upside pressure but with caution of a recovery.