All the recent dollar strength has seen the Euro fall with some real strength. However, price is fast approaching the 1.05 level which has real significance on the all the way up to the monthly charts. As its the 3rd time this price is tested on the monthly it may not hold for long, but any bounce could still be a profitable one.
Supporting criteria are on the chart above. I am looking for signs of bullishness to get long once 1.05 is tested.