EUR/USD Cracks a 3-Month High but Retreats; Monitoring Support Factors

3-month high: The EUR/USD surged higher to end last week’s trading (12/14), showing a resurgence of bullish momentum in the 1H chart as the 1H RSI was pulled above 70. This rally ended the week at a 3-month high, which would be broken as a new trading week started (12/17). However, there is some…

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EUR/USD Cracks a 3-Month High but Retreats; Monitoring Support Factors