EUR/USD is poised to challenge the psychological resistance level of 1.0800, supported by technical analysis indicating a potential shift towards upside momentum. The pair has been on a winning streak for the fifth consecutive session, advancing towards the 1.0790 level during the Asian trading session on Monday.

Key levels to watch include the psychological barrier at 1.0800 and the 14-day Exponential Moving Average (EMA) at 1.0810. A decisive breakthrough above the EMA could amplify upward momentum, targeting the 23.6% Fibonacci retracement level at 1.0821, followed by a significant barrier at 1.0850. Further upside potential may lead the pair towards the psychological level at 1.0900