The Euro currency pair with the US dollar started a new phase of gains. For the next two days no important data with a big impact on the market for Europe and the US are expected, so we can expect slight changes in the price. This will change on Thursday, so until then a correction to the designated level is possible. The level highlighted in blue should be observed in order to take appropriate trading steps. I would expect a rebound and a signal to trade at this level, but if the price does not show a clear direction, I will not force a trade.