EUR/USD Price Analysis: Recovers some lost ground below the 1.0700 mark, all eyes on the Fed meeting

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• EUR/USD holds ground around 1.0673, gaining 0.16% on the day.
• The major pair holds below the 50- and 100-day EMAs; Relative Strength Index (RSI) remains below 50.
• The immediate resistance level appears at 1.0712; the key support level to watch is 1.0610.

The EUR/USD pair recovers from the recent losses and trades near 1.0675 during the early European trading hours on Monday. The upside of the major seems limited as investors await the Federal Reserve (Fed) interest rate decision on Wednesday.