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EURUSD struggles to get rid of its negative pressure-Analysis-06-08-2025
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EURUSD struggles to get rid of its negative pressure-Analysis-06-08-2025
Aug 5, 2025 8:58 PM

The (EURUSD) settled with strong rise in its last intraday trading, supported by the emergence of positive signals on the (RSI), and under the dominance of strong minor bullish waves on the short-term basis.

This momentum allowed the price to reach the critical resistance level at 1.575, accompanied by its attempts to surpass the negative pressure that comes from its stability below EMA50, as a signal for its attempts to reinforce the breach and resume the rise.

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