EUR/USD holds gains for the third successive session, trading around 1.1790 during the Asian hours on Wednesday. On the daily chart, technical analysis indicates a persistent bullish bias, as the pair moves upward within the ascending channel pattern. Additionally, the 14-day Relative Strength Index stands at 71 (overbought), which could temper immediate upside as momentum stretches. An RSI overbought status would favor consolidation phases before trend resumption.
Source: https://www.fxstreet.com/news/japan-coincident-index-climbed-from-previous-1154-to-1159-in-october-202512240501
