EUR/USD has regained stability with the support of the main upward trend line in the medium term, leaning on the 50-day SMA, providing positive momentum for a bounce in early trading today. Recently, the pair sought a bottom to boost higher again, with positive signals from the RSI after reaching oversold levels, expecting to double positive pressures in upcoming trading. However, the pair slipped back below the 1.1000 support on Tuesday, with further losses remaining while below the mid-1.1100s. In the longer run, the positive view remains unchanged while above the 200-day SMA, today at 1.0728. Traders need to keep a close eye on the upcoming US employment data on this Friday (4 Aug), which could significantly impact the price trend.