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Forecast update for EURUSD -07-08-2026
The EURUSD pair rose in its last intraday trading, supported by the emergence of the positive signals from the relative strength indicators, after forming positive divergence that reinforced the buying momentum, amid the continuation of the trading above EMA50, which keeps providing technical support that reinforces the stability of the positive move.
The bullish corrective trend remains dominant in the short-term basis, with the stability of the technical indicators, which supports the continuation of the positive overview in the near period.
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