EUR/USD Price Analysis: Temporary contention is seen near 1.0820

• EUR/USD reverses three consecutive daily pullbacks.
• The pair’s bullish attempt faltered just ahead of 1.0900.

EUR/USD manages to leave behind part of the recent decline and trades with decent gains near the 1.0900 barrier on Thursday.

The inability of the pair to regain a convincing upside traction, ideally in the very near term, could motivate sellers to force the pair to revisit recent lows near 1.0830 ahead of the interim support at the 100-day SMA at 1.0824.

Looking at the longer run, the positive view remains unchanged while above the 200-day SMA, today at 1.0613.

EUR/USD daily chart