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NZDUSD surrenders to the negative pressure -Analysis-16-07-2025
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NZDUSD surrenders to the negative pressure -Analysis-16-07-2025
Jul 15, 2025 11:47 PM

The (NZDUSD) price returned to decline in its last intraday trading, amid the dominance of the bearish correctional trend on the short-term basis and its trading indicates the dominance of this trend, with the continuation of the negative pressure due to its trading below EMA50, this decline came due to its previous attempts to offload some of the clear oversold conditions on the (RSI), especially with the emergence of positive overlapping signal on it, the negative pressure effect was stronger on the pair.

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