blog-eurusd-30-06-25

EURUSD attempts to gain positive momentum

The (EURUSD) fluctuated in its last intraday levels, affected by the stability of the strong resistance at 1.1575 level, besides the continuation of the negative pressure due to its stability below EMA50, indicating the continuation of the fluctuation and the dominance selling pressures on the trading.

 

The price attempts to take advantage of dominant minor bullish wave on the intraday basis, to catch its breath and collect the required bullish momentum to breach the mentioned resistance, accompanied by its attempts to offload the clear overbought conditions on the (RSI), especially with the emergence of negative signals, which makes the upcoming trading depend on the price reaction near the critical range.

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