EUR/USD is currently retracing from its previous session gains, hovering near 1.1360 in the Asian session. Technical indicators suggest that the currency pair maintains a bullish bias, with price action remaining within an ascending channel pattern. Traders should pay close attention to support around 1.1350 as it could dictate market movements. Sustaining this level may prompt further upward momentum in the pair, leading to strategic opportunities. Keep an eye on these developments as they unfold.