EURUSD chart analysis

During the Asian session, the pair was around the 1.06500 level, and as we approached the European session, the euro gained strength, and the pair climbed to the 1.06880 level. We can say that the euro is already on its third day of withdrawal, and now we need to pay attention to whether EURUSD will form a new lower high or will manage to climb to the 1.07400 level. A break above this zone would be a positive sign for us for a potential bullish sequel. Our next target is 1.07800 level, our maximum from the beginning of the week. We now need to form a lower high on the chart and a new negative consolidation for the bearish option. After that, the pair will retest the previous low at the 1.06400 level. A break below this level could bring us down to the following potential support levels. Our bearish targets are 1.06000, 1.05500 and 1.05000 levels.