The EURUSD pair shows more sideways trades, settling around 1.2400 barrier, and stochastic continues to approach the oversold areas, waiting to motivate the price to resume the bullish trend in the upcoming sessions, while it needs to breach 1.2445 to confirm the continuation of the bullish wave towards the recently recorded top at 1.2536 as a next main station. Therefore, we will continue to suggest the bullish trend on the intraday and short term basis supported by the EMA50, unless breaking 1.2304 level and holding with a daily close below it.
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