EUR/USD inches lower during the Asian hours on Monday, trading around 1.1870 at the time of writing. The 14-day Relative Strength Index momentum indicator at 56 stays above the midline, confirming improving momentum. RSI has cooled from prior overbought readings but stabilizes above 50, suggesting dips could stay limited before buyers reassert control.
Source: https://www.fxstreet.com/news/india-wpi-inflation-came-in-at-181-above-expectations-125-in-january-202602160632
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