The (EURUSD) continued its decline in its last trading on the intraday levels, affected by the negative pressure from its stability below EMA50, which prevents its recovery in the previous day, accompanied by breaking a minor bullish bias line on the short-term basis, reinforcing the strength of the bearish trend.
At the same time the negative signals came from the (RSI), after ending the oversold condition previously, opening the way for deepening its losses in the upcoming period.
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