EURUSD chart overview

During the Asian session, the euro consolidated at the 0.97000 level and started a bullish recovery. Compared to the beginning of the trading day, the euro advanced 0.50% against the US dollar. We need a stable euro to move us to the 0.98000 resistance level from Friday to continue the bullish option. After that, we should try to stay there and continue the euro's recovery with the next bullish impulse. Potential higher targets are 0.98500 and 0.9900 levels. We need a negative consolidation and a return to the 0.97000 support zone for a bearish option. A break below the euro could form a new October lower low. Potential lower targets are 0.96500 and 0.96000 levels.