EUR/USD Price Analysis: Pair rises to 1.0585 after bouncing from 20-day SMA

EUR/USD Price Analysis: Pair rises to 1.0585 after bouncing from 20-day SMA

EUR/USD gains mildly on Monday, trading at 1.0585 after rebounding from the 20-day SMA. Pair maintains its position above the 20-day SMA, supporting a constructive short-term outlook. RSI points upward but remains below 50, while MACD prints rising green bars, signaling gradual bullish momentum.

submitted by /u/Denchock
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