The price of (EURUSD) rose cautiously in its last intraday trading, attempting to correct the main bearish trend on the short-term basis, amid the continuation of the negative pressure that comes from its trading below EMA50, which reduces the chances of its recovery on the near-term basis, especially with the relative strength indicators reaching exaggerated overbought levels compared to the price move, to indicate forming negative divergence that intensifies the negative pressure on the upcoming trading.

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