The (AUDUSD) price extended its rises on its last intraday levels, supported by the emergence of the positive signals on the relative strength indicators, attempting tp correct the bearish trend on the short-term basis, amid its trading alongside supportive trendline, approaching from the resistance of its EMA50, which might reinforce the strength of this area as a resistance may reduce the gains and turn it into losses on the near-term basis, especially with the relative strength indicators reaching sever overbought levels compared to the price move.
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