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EURUSD is in a truce to catch breath-Analysis-22-07-2025
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EURUSD is in a truce to catch breath-Analysis-22-07-2025
Jul 21, 2025 11:18 PM

The (EURUSD) settled high in its last intraday trading, after breaching bearish correctional trend line on the short-term basis, which represents an early technical sign for a potential turn in the track, accompanied by releasing the negative pressure of the price due to its previous trading below EMA50, which opened the way for catching breath after a strong bullish wave.

This relative stability might provide a preparatory foundation for a new rise, especially with the continuation of the positive signals from the (RSI), if the price manages to keep this positive performance, if the price witnesses a new rise to higher resistance levels in a potential bullish wave frame.

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