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EURUSD returns to rise -Analysis-02-07-2025
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EURUSD returns to rise -Analysis-02-07-2025
Jul 1, 2025 9:25 PM

The (EURUSD) rose in its last intraday trading, taking advantage of a calm correctional move that led it to gathering its previous gain, opening the way for gaining the required bullish momentum to continue the rise, this recovery was supported by the clear overbought conditions on the (RSI), opening the way for achieving more of the gains, without strong technical pressures that might obstacle its track.

This rise comes amid the continuation of the main bullish trend dominance on the short-term basis, accompanied by the price move alongside minor and main bias lines, which supports the positive overview on the near-term basis, unless breaking any near support levels.

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