EUR/USD Long Setup: Navigating Sideways Action Towards 1.09 Resistance

Market Context and Technical Read

The EUR/USD pair is currently trading at 1.0828, exhibiting a distinct sideways trend after a -0.2% decline over the past 24 hours. This recent downward pressure brought the pair to test the lower bounds of its day range at 1.07951. From a technical standpoint, I observe strong support forming around the 1.0795 level, which aligns closely with the psychological support at