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Evening update for EURUSD -16-10-2025
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Evening update for EURUSD -16-10-2025
Oct 16, 2025 10:49 AM

The (EURUSD) rose in its last intraday trading, amid the continuation of the positive pressure due to its trading above EMA50, affected by a short-term bullish technical formation, which is represented by the double bottom pattern, after offloading the overbought conditions on the relative strength indicators, opening the way for achieving more gains.

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