The (EURUSD) price rose in its last intraday trading, to recover some of yesterdays losses, however this improvement remains under the dominant negative pressure, so the bearish trend dominates on short-term trading, with the continuation of the trading below EMA50, which reinforces the stability of this bearish track.

Accompanied by the emergence of negative signals on the relative strength indicators, which might limit the chances of the current rise continuation and push the price to a new decline if it loses its bullish momentum quickly.

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