EURUSD extends recovery to 1-month highs; could maintain positive momentum in short-term

EURUSD continues to recoup losses which drove the market to a 1-year low of 1.1300 on August 15, with a spirited recovery to an almost 1-month high of 1.1652 during Monday¬ís Asian session. For short-term trading, the RSI and the MACD indicate that positive momentum could hold as the former picks up…

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