The (EURUSD) declined in its last intraday trading, in order to gain the required positive momentum that might help it to recover and rise again, supported by its continuous trading above EMA50, with the dominance of the main bullish trend on the short-term basis, accompanied by its trading alongside supportive trendline for this track.
Noticing the return of the positive signals on the relative strength indicators, after offloading its previous overbought condition, opening the way for achieving more of the gains on the near-term basis.
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