Technical indicators have corrected from extreme oversold reading, and Stochs point north.
The pair has edged lower from session highs at 128.17, a close above 128.0 will confirm further advances through this week.
Also, this week EU summit turns euro crosses into high beta - hyperactive OTC arrangements indicate euro 's gains within eurozone.
Immediate resistance is located at 128.25 (38.2% Fib of 132.28 to 125.77 fall), while 5-DMA at 127.68 is now immediate support on the downside.
Good to buy dips around 127.80, SL: 127.00, TP: 128.75/129/129.80