Update: Euro continues to record gains

The EURUSD pair resumes its positive trading affected by the sell-offs of the US Dollar in the last day of this year, to move above 1.0519, but we notice that the price momentum still negative to push trading to approach from the approached level, which keeps the chances valid to return to the main bearish track, and the price needs to hold below 1.0519 to keep the bearish trend scenario valid and active.

We need to take into consideration that closing today's trading above 1.0519 will stop the bearish trend expectations and lead the price to achieve more gains that target 1.0834 as a next station.