Important events today:

US: day off

In the United States today is a day off, so European traders will not be in a hurry to open positions and today we can expect a fairly calm trade. The main trend in this currency pair is downward and against this background the growth of quotes to the nearest resistance levels is reasonable to use for opening Sell positions. The main factor of dollar strengthening will be the growth of long-term American government bonds yields. These securities finished last week with yield of 4.2% and the dynamics of the asset signals growth to the area of 4.5%.

Recommendations: Sell 1.0805/1.0835 and TP 1.0750.