The EUR/USD currency pair has been struggling in the past few days after the US data showed that the economy grew at an annual rate of 2.9% in the fourth quarter. The Relative Strength Index (RSI) (14) indicates that the currency pair is overbought and could likely lead the pair to the 10-day Moving Average (DMA) support at 1.0850. However, a further decline will need to pass the 1.0735 level, which is the previous monthly low, to welcome the EUR/USD bears. If the pair breaks past 1.0940, it could move towards the 1.1000 round figure. [1] According to the latest EUR/USD forecast and analysis provided by the DailyFX team, the EURUSD price trend is upward. Over the last two days, there have been no good opportunities to buy, but each drop has been followed by a sharp rise. The most likely scenario is that the upward movement will continue towards 1.0990. [2] Viewing the live Euro/U.S. Dollar chart shows that there is a lot of news today, leading to expectations of large fluctuations. If the currency pair heads towards 1.0865, then there will be a pullback and buying opportunity. [3]