The (EURUSD) price declined in its last intraday trading, surpassing EMA50s support, reinforcing the negative pressure in the near-term basis, accompanied by the effect of the price exit from bullish corrective channels range on the short-term basis, which returned the dominance of the bearish track on its trading.

The relative strength indicators show negative signals after offloading the oversold conditions, opening the way for recording new losses in the upcoming period, unless it returns quickly above critical technical support levels.