The (EURUSD) price rose in its last intraday trading, in order to recover some of its previous losses, affected by breaking the critical support at 1.1575, indicating the weakness of the current bullish momentum, this limited movement amid the continuation of the negative pressure.

The main bearish trend remains valid on the short-term basis, with the continuation of its trading alongside supportive trendline for this track, besides the emergence of the negative signals on the relative strength indicators, despite reaching oversold levels, which might limit the recover chances currently.

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