美国早盘，价格徘徊在100小时和200小时平均水平附近，反映出市场震荡等待方向。受关税担忧缓解、收益率下降和美国数据疲软（JOLTS显示就业机会下降）的推动，这一推动最终来自买家。

The rally took the price up to test the Asian session high and the 50% retracement of the decline from the December high at 1.24532. A break above that level triggered further momentum, sending the pair into the key swing area between 1.24739和1.2500.

需要关注的关键技术水平：

• 看涨突破： A sustained move above 1.2500 would strengthen the bullish bias and encourage further upside exploration.
• 熊市零售商： Sellers looking to fade the move may find 1.2500 a low-risk entry point, with stops on a confirmed break above. For downside momentum to build, the pair would need to fall back below the 50%回撤至1.2453.

买家和卖家之间的战斗现在集中在这个关键阻力区，下一步行动可能会决定近期的方向。