The EUR/USD pair sees a halt in its upward momentum, flattening out at the 1.0500 level as it reacts to market conditions on a holiday-thinned Monday.

After a four-day winning streak, traders are reevaluating their positions as the market remains quiet due to the President’s Day holiday.

With order flow noticeably lower, the anticipation of future movements hangs in balance as traders assess upcoming economic data.

Remain attentive to how the market may rebound or further retrace in the coming days.