The (NZDUSD) price rose in its last trading on the intraday levels, attacking the key resistance at 0.5755, supported by its continuous trading above its EMA50, dominated by the bullish corrective trend on the short-term basis and its trading alongside supportive trendline, besides the emergence of positive crossover on the relative strength indicators, after reaching sever oversold levels compared to the price move.
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The (AUDUSD) price surged high in the opening of this week trading, to breach the key resistance at 0.6520, and confirms its momentum to extend the bullish corrective trend on the short-term basis, with its trading alongside trendline, with the continuation of the dynamic pressure that is represented by its trading above EMA50, besides the emergence of the positive signals on the relative strength indicators.
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The (USDCAD) price continued the decline in its last intraday trading, after reaching the resistance of EMA50, which puts it under intensified negative pressure amid the dominance of bearish corrective wave on the short-term basis, affected by breaking main bullish trend line, preparing to break the key support level at 1.3980, especially with the emergence of the negative signals on the relative strength indicators, after reaching overbought levels previously.
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The (USDJPY) rose in its last intraday trading, preparing to attack the key resistance level at 153.25, amid the continuation of the positive pressure that comes from its trading above EMA50, and under the dominance of the main bullish trend and its trading alongside minor trendline that reinforces the stability of this track, besides offloading its overbought conditions on the relative strength indicators, opening the way for testing new resistance levels in the upcoming period.
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