Is EurUsd creating a base?

In my previous EurUsd analysis I said that I look for two scenarios for this pair, a continuation of the downtrend if we have a break under the 1.05 zone or a correction if we have a break above 1.0620.
The situation remains the same so far, but the daily chart shows that the pair is forming a base.
With this in mind, I'm watching closely for a break resistance in which case the pair could rise to 1.08 zone