• EUR/USD renews nine-month high inside short-term rising wedge.
• Nearly overbought RSI conditions suggest limited room towards the north.
• 10-DMA restricts immediate downside, 1.0660 is the key support.

EUR/USD makes round to 1.0900 after rising to a fresh high since April 2022 heading into Monday’s European session.

In doing so, the Euro pair prints a three-day winning streak while staying firmer beyond the 10-DMA. However, the nearly overbought RSI and a 4.5-month-old rising wedge bearish chart formation challenges the buyers as of late.

It’s worth noting that the quote’s latest run-up aims for the April 2022 peak surrounding 1.0935 ahead of targeting the stated wedge’s top-line close to 1.0955.