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NZDUSD is rising alongside a bearish correctional trend line -Analysis-10-07-2025
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NZDUSD is rising alongside a bearish correctional trend line -Analysis-10-07-2025
Jul 9, 2025 9:40 PM

The (NZDUSD) price rose in its last intraday trading, with the emergence of the positive signals on the (RSI), to notice reaching overbought levels, amid the dominance of the bearish correctional trend on the short-term basis and its trading alongside a bias line, with the continuation of the negative pressure due to its trading below EMA50, forming a dynamic resistance that prevent changing the trend.

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