Thoughts on EURUSD's recent move and potential targets

Been watching $EURUSD pretty closely over the last few days, and that move from the 1.195 area has been quite interesting. We saw a decent push, hitting resistance around 1.2, which aligns with some earlier consolidations I had noted. The question now is whether this is just a retest of a broken support, which is now acting as resistance, or if there's enough underlying momentum for a sustained break higher.

From a technical perspective, if we can decisively clear and hold above 1.2, my eyes would be on the next significant resistance zone, possibly around 1.208-1.21. That said, a failure to push past 1.2 and a subsequent drop back below 1.195 would definitely make me cautious, suggesting this was more of a relief bounce rather than a true reversal. The risk for any bullish continuation here, in my view, would be a confirmed daily close back below 1.195, which would invalidate the current upward bias I'm observing and likely open up a path to lower levels.