The USDCAD declined slightly in its recent trading on the intraday levels, before retesting the key resistance at 1.3850, and the stability of this resistance led the price to rebound, especially after the beginning of the emergence of negative overlapping signals on the (RSI), then reaching the overbought levels, exaggeratedly compared with the price movement, which suggest the beginning of forming negative divergence, which will increase the negative pressures.
Amid the dominance of the main bearish trend on the short term basis, and its trading alongside the trendline, beside the continuation of the negative pressure due to its trading below the EMA50.
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The AUDUSD price moved higher slightly in its recent trading on the intraday levels, after it succeeded in its last trading to offload some of its clear overbought conditions on the (RSI), with the emergence of positive overlapping signals, within the stability of its trading above the key resistance at 0.6390, confirming breaching it, amid the dominance of the main bullish trend on the short-term basis.
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The NZDUSD price rose in its current intraday trading, amid the domination of the main bullish trend on the short-term basis, with continuous positive pressure due to its trading above EMA50. This rise came after the price success gathering its gains in its previous trading, as it succeeded in offloading some of the clear overbought on the (RSI).
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