EURUSD pair formed strong support near the 1.1175 and 1.1180 levels. As a result, there was an upside break above the 1.1215 resistance, plus the 50% Fib retracement level of the major drop from the 1.1264 high to 1.1135 low. Pair settled above the 1.1200 level and the 100 simple moving average. It opened the doors for more gains above the 1.1230 level and the 61.8% Fib retracement level of the major drop from the 1.1264 high to 1.1135 low. On the upside, the main resistance is near the 1.1260 and 1.1265 levels. If there is an upside break above the 1.1264 swing high, there are chances of a larger recovery towards the 1.1280, 1.1300 and 1.1320 levels.