The EUR/USD pair has failed to break above the resistance at 1.1188 and remains in a trading range between 1.1068 and 1.1188. As long as the support at 1.1068 holds, this sideways movement can be viewed as consolidation for the uptrend that began at 1.1001.
There is still the potential for another rise to retest the 1.1188 resistance. A breakout above this level could indicate the resumption of the uptrend, with the next targets positioned at the 1.1250 area and then 1.1300.
Initial resistance is located at 1.1145, and climbing above this level would point to a test of the 1.1188 resistance.
On the downside, a breakdown below the 1.1068 support could lead the price back to the next support level around 1.1040, followed by the previous low at 1.1001.