The price of (EURUSD) declined in its last intraday trading, amid full dominance for the main bearish trend on the short-term basis and its trading alongside supportive trendline for this track, after offloading some of its oversold conditions on the relative strength indicators, increasing the negative pressure.
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The EURGBP ended the last bullish rally by reaching 0.8817, keeping its stability below 0.8830 level, announcing its surrender to the bearish corrective trend dominance by reaching 0.8775.
MoreNatural gas price approached its last bullish rally at $4.210, which forced it to form sideways trading, affected by stochastic exit from the overbought level, to settle near $4.110.
MoreThe EURJPY pair kept the suggested bullish scenario, despite its failure to surpass 178.80 level by providing repeated positive closes above 2.00%Fibonacci extension level at 177.05.
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