The (NZDUSD) price rose in its recent intraday trading, attempting to recover some of its previous losses, amid the dominance of a bearish correctional wave on the short-term basis, with the continuation of the negative pressure due to its trading below its EMA50, to notice reaching exaggerated overbought levels compared by the price move, which suggest the beginning of a negative divergence formation, especially with the beginning of a negative overlapping signal appearance.

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