Following US President Donald Trump's surprise decision to delay the imposition of 50% tariffs on EU imports until July 9, European markets posted gains. The decision followed a phone call with European Commission President Ursula von der Leyen, who asked for more time for negotiations.As a result, the euro strengthened to its highest since late April. However, despite the positive dynamics, caution remains due to the unpredictability of the US trade policy and possible consequences for exporters such as Germany.Buyers' activity allowed EUR/USD to overcome the previously mentioned by us local range of 1.1360-1.1380. The next resistance may be met by the market as it approaches 1.1500.