EUR/USD Price Analysis: Wednesday’s Doji, 10-DMA probe pullback moves

• EUR/USD retreats from intraday high, pares weekly gains around nine-month high.
• Wednesday’s bullish Doji, sustained trading above 10-DMA keeps buyers hopeful.
• Downside break of 1.0650 could confirm rising wedge bearish chart pattern on D1.

EUR/USD grinds lower around intraday bottom as it pares the daily, as well as weekly, gains around the highest levels since April 2022 heading into Friday’s European session.

In doing so, the major currency pair justifies the overbought RSI (14) conditions. However, the Wednesday’s bullish Doji candlestick on the Daily (D1) chart joins the pair’s successful trading above the 10-DMA level of 1.0800 to keep the EUR/USD buyers hopeful.