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The EUR/USD pair is expected to continue its upward trend, with a potential target of 1.1621, which is a cluster resistance level and the 38.2% retracement of the 1.2081 to 1.1323 range. A decisive break above this level could solidify the bullish case and target the 61.8% retracement at 1.1791. However, if the pair breaks below the minor support level of 1.1454, the bias could turn back to the downside. The EUR/USD pair has been experiencing a rebound from the 1.1323 level, and the current trend suggests that the pair may continue to rise in the short term. This could have implications for traders who are looking to take advantage of the potential upside in the pair. The potential break above the 1.1621 level could be a significant development for the EUR/USD pair, and traders should be watching this level closely. If the pair is able to break above this level, it could lead to further gains and potentially reach the 1.1791 level. However, if the pair is unable to break above this level, it could lead to a reversal and a potential decline in the pair's value.
