The EUR/USD has completed bearish retracement at 1.1030 and even soared higher to 1.1038. Now, the oversold currency pair is likely to face profit takings. EUR/USD faces the initial hurdle at the 1.1074/84 bands, where align last week’s top and the 21-day SMA. A rebound beyond this area should open the door for a test of key resistance line, today at 1.1132. Let's stay bullish above 1.1035 today.