Meanwhile, a daily closing beyond 1.0930 isn’t an open invitation to the EUR/USD bulls as the previous support line from mid-March, around 1.1015 by the press time, precedes the yearly high marked in January around 1.1035, to challenge further upside of the major currency pair.
In a case where EUR/USD remains firmer past 1.1035, the late March 2022 high near 1.1185 will be in focus.
Overall, EUR/USD is well-set for a pullback but the Easter Monday holiday restricts the pair’s moves.
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