The pair maintained uptrend. the technical indicators in the 4 hour chart suggest that the market could consolidate gains in the near-term.
The RSI is moving sideways above 50, while the MACD is trending in positive territory above 50 but is currently capped by its red signal line suggesting that prices could continue the range-bound trading, but the bullish cross between the 20 - SMA (green line) and the 50 - SMA (yellow line) hints that Monday’s uptrend could remain in place.
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