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Evening update for EURUSD -16-07-2025
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Evening update for EURUSD -16-07-2025
Jul 16, 2025 1:48 PM

The (EURUSD) settled witnessed fluctuated trading in its last intraday levels, where it rallied strongly, supported by the positive signals on the (RSI), after reaching oversold levels to hit the resistance of EMA50, which forces it to bounce lower to shrink some of these gains, amid the dominance of the bearish correctional trend on the short-term basis, and its trading alongside a bias line.

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