EURUSD currency pair recently reversed up from the support zone lying between the key support level 1.17500 (which stopped the sharp downward impulse wave in March) and the lower daily Bollinger band. The upward reversal from of this support zone stopped the previous short-term impulse wave 3.. Given the strength of the aforementioned support uptrend, growing euro optimism on falling speed of delta infections – EURUSD currency pair can be expected to rise toward the next resistance level 1.18760 (which reversed the price multiple times from the start of July).