The EURUSD currency pair is retesting a key price zone identified by the proprietary Sienna levels from the DeepMarketLevel.com platform. This same area preceded a dynamic rally last Friday. DML's analysis points to a potential retest and a unique anomaly associated with Sienna levels, suggesting that such price returns hold special significance. The situation is being closely watched, as DML's methodology, based on mathematical models rather than classical technical analysis, provides a non-standard perspective on the market.

The market commentary focuses on the EUR/USD pair and the key level of 1.1515, which was recently broken as a former DML RED support. The current price increase is a retest of this level, leading to two scenarios. The first, classic view assumes that the former support will act as new resistance, leading to declines. The second, more probable scenario suggests that the breakdown was a "bear trap" designed to mislead sellers. In this view, a return to and break above the 1.1515 level will be a signal of strength and a continuation of the uptrend.