The (EURUSD) price witnessed fluctuating trading in its last intraday trading, affected by the continuation of the negative pressure of its trading below EMA50, reinforcing the stability of the main bearish trend on the short-term basis, and the price keeps moving alongside minor trend line that increases the strength of this bearish track and supports the dominance of the sellers.

At the same time, we notice that the relative strength indicators reached exaggerated overbought levels compared to the price move, to suggest forming a negative divergence that might increase pressure on the price, accompanied by the emergence of new negative overlapping signals, which might pave the way for extra bearish wave in the upcoming period.