The (USDCHF) price declined in its last intraday trading, to test minor correctional bullish trend line on the short-term basis, accompanied by its lean on the support of its EMA50, in attempt to look for a rising low to use it as a base that assist it to rise and recover, besides the emergence of positive overlapping signals on the (RSI), after reaching oversold level.
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The (NZDUSD) price declined in its last intraday trading, to gather the gains of its previous rises, and attempts to gain bullish momentum that might assist it to rise again, affected by breaching a minor bearish trend line on the short-term basis, the price remains under negative pressure that comes from its trading below EMA50, besides the (RSI) indicators’ enter to overbought levels, which suggest forming negative divergence and that might intensify the negative pressure on it.
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The (AUDUSD) price settled high in its last intraday trading, supported by the emergence of positive signals on the (RSI), affected by breaching a minor bearish trend line on the short-term basis, on the other hand, the pair remains under the negative pressure that comes from its trading below EMA50, which might decelerate the attempts of the recovery on the near-term basis.
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The (USDCAD) price declined in its last trading on the intraday levels, amid the dominance of sharp bearish correctional wave on the intraday levels, with the emergence of the negative signals on the (RSI), after reaching overbought levels, preparing to break the critical support at 1.3775, on the other hand, the pair remains taking advantage of the positive support that comes from its trading above EMA50, which might reduce its upcoming losses.
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