The EUR / USD market reaction in recent weeks confirms the support level at 1.0775. This is very well shown in the daily chart, where you can see how many times buyers have activated in this area. It can therefore be assumed that until this area is definitively broken, the scenario of an increase in recovery is still open. What’s more, if you look at the chart from the beginning of April, you can also see here the chance for a pattern of inverted head and shoulders. Currently, the market can build right shoulder.