The price of (EURUSD) declined in its last intraday trading, amid its trading alongside a minor bearish bias on the short-term basis, preparing to break the key support level at 1.1610, representing the neckline of a negative technical formation on the short-term basis, which is the double top pattern, especially after it succeeded in offloading some of its clear oversold conditions on the (RSI), opening the way for recording more of the losses, despite the continuation of the positive pressure that comes from its trading above EMA50.

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