The bullish run in the EURUSD market seems to have hit a roadblock as it neared the 1.075 level, marked by the emergence of a bearish pin bar candle on the daily chart. This small but significant bearish signal occurred at a crucial point of convergence. In light of this development, it's advisable to exercise caution. If you've been holding a long position, it might be a good idea to contemplate securing some of your gains by taking partial profits and adjusting your stop loss accordingly. However, should the price manage to sustain its upward movement and breach the 1.08 level, it may warrant considering fresh long positions at that juncture.
