EUR/USD Forecast. The dollar attempts to recover

The EURUSD pair achieved slight gains yesterday, as it tested 1.0800 barrier, and faces negative factors provided by the technical indicators that might push the price to decline in the upcoming sessions.

Until now, the price still stuck between the key levels represented by 1.0760 support and 1.0860 resistance, which keeps our neutrality valid until the price manages to surpass one of these levels, reminding you that breaching the resistance will lead the price to achieve additional gains that reach 1.0960, while breaking the support represents the key to return to the main bearish trend and achieve negative targets that start by testing 1.0645.

The expected trading range for today is between 1.0700 support and 1.0880 resistance.

The expected trend for today: Neutral