âĄïļ EURUSD has experienced a rebound, surpassing the earlier peak and establishing a higher one. Significantly, this breakthrough occurred on the daily timeframe, suggesting a strong likelihood of upward movement in the short term. Currently, the primary trading strategy for this currency pair is to monitor and consider buying.
âïļThe closest support area is located near the previous bottom around 1.0850. Traders may opt to wait for the price to retrace to this level and subsequently search for potential trading signals.