The EURUSD pair declined in its latest intraday trading, stabilizing at the support level of 1.1485, which had been identified as a price target in our previous analysis.
This performance comes amid continued negative pressure, as the pair is trading below EMA50, reinforcing the dominance and stability of the main short-term downtrend. At the same time, negative signals continue to emerge from the relative strength indicators, supporting the likelihood of ongoing pressure on the pairs movements in the near term.