EURUSD chart overview

During the Asian trading session, the pair EURUSD hovered around the 1.06500 resistance level. The market is still quiet after the Christmas holidays. We are still in a bullish trend with resistance at the 1.06500 level. We need a break above for a more concrete sign of continued euro recovery. The next target is the 1.07000 level, where we could expect the next resistance. For the bearish option, we need a negative consolidation and withdrawal of the euro to the support zone 1.05750-1.06000. A breakout of the euro below would signal that we could see a further retreat of the European currency. Potential lower targets are 1.05500 and 1.05000 levels. We have no important news from the European market this