EURUSD chart analysis

During the Asian trading session, the euro gained support at the 1.04000 level. Pair has managed to recover to 1.04800 level, and now we have a new retreat towards the previous low. If the pressure on the euro increases, the pair could drop to the 1.03475 level by May's support. Our potential lower target is 1.03000 level. For the bullish option, we need a new positive consolidation and a jump above the 1.05000 level. After that, with the continuation of the bullish pulse, the pair could continue towards higher targets. Our potential targets are 1.05500 and 1.06000 levels. The dollar continues to dominate, along with 10-year bond yield growth.