The EUR/USD pair is continuing its upward movement after reaching a low of $1.065 on Wednesday. If the pair remains above this level on a daily chart closing basis, we can expect to see further gains, with the next target being last week’s high at $1.0753.
However, if the pair fails to surpass the $1.0753 level, there is still a possibility of a downward move. Despite this risk, the likelihood of upward pressure in the short-term seems more probable.