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The AUDUSD attempts to recover some of its losses -Analysis-08-07-2025
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The AUDUSD attempts to recover some of its losses -Analysis-08-07-2025
Jul 7, 2025 9:37 PM

The (AUDUSD) price rose in its last intraday trading, affected by the stability of the critical support level at 0.6485, gaining some of the bullish momentum that assisted it to recover some of its previous losses, attempting to offload some of its clear oversold levels on the (RSI), especially with the emergence of the positive signals from them.

This comes amid the continuation of the negative pressure that comes from its trading below EMA50, and under the dominance of bearish correctional wave on the short-term basis.

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