The (EURUSD) price declined in its last intraday trading, with the continuation of the main bearish trend dominance on short-term basis, and the trading alongside minor trend line that reinforces the negative track, keeping the selling pressure valid if the price is below EMA50, which limits any actual recovery attempt.

At the same time, we notice that the emergence of negative signals on relative strength indicators, which confirms the weakness of the current momentum and increases the likelihood of the decline extension in the near-term basis, especially with the absence of clear signals for the buyers strength until now.