EURUSD is struggling on Wednesday to hold above the 1.05000 level, and so far, it has had a lot of success in doing so. To continue on the bullish side, we need a break above 1.06000 and the formation of a higher high compared to the previous one. After that, the target is 1.07000. The inability of the euro to make such a move could push it below 1.03000.