EUR/USD Outlook: Key Resistance and Trading Strategy 1. Sell at Range Highs: Consider selling near the upper boundary of the 1.069–1.054 range, with a 30-point stop loss on any effective breakout. The initial target is the lower end of the range at 1.054. 2. Support Level Testing: EUR/USD recently tested the key support at 1.06 amid dollar strength. As long as it holds above this level, a short-term rebound is possible over the next few days. However, any sharp break below 1.06 could expose the pair to further downside, targeting 1.05–1.04 before a potential recovery. 3. Bullish Reversal Signal: A breakout above 1.0635 would form a bullish pattern, potentially initiating an intraday upward trend. This could drive prices toward the 1.0725 area, with the potential to reach 1.0805 if upward momentum continues. Watch price action closely around the 1.06 level to gauge market direction.