The (EURUSD) rose strongly in its last intraday trading, due to the stability of the critical support at 1.1590, supported by the emergence of the positive signals on the (RSI), that pushed it to recover big part of its previous losses, however these indicators reached overbought levels, indicating that the bullish momentum might disappear.

The price reached the resistance of EMA50, which limited its gains and kept the selling pressure possible in the upcoming period, indicating a critical technical situation, which might force the price to test near support levels if it failed to surpass this resistance.

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