The (EURUSD) price settled lower in its last intraday trading, besides gathering some of its last rises gains, this comes amid the attempt to gain more bullish momentum that may support resuming the bullish corrective track on the near-term basis.

 

At the same time, the price is attempting to reduce the overbought conditions on the relative strength indicators, especially with the emergence pf the negative signals, but the positive pressure of the continuation of the trading above EMA50 helped to reduce the early losses, after leaning on it as a key technical support.

 

 


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