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The EUR/USD pair is trying to consolidate around 1.0840.

The European currency started the week on the rising indicators,

 

EUR USD

and brought the EUR/USD rate close to 1.0840, which is slightly higher than the day before.

The pair succeeded so far to bounce from the YTD minimums around 1.0830 on Friday, however, the bearish sentiment around the EUR is still far from weakening.

Meanwhile, the USD momentum is supposed to dictate the price activities of the pair at the time, along with wide risk tendencies, where COVID-19 is still in the center of speculations.

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