EURUSD continued to decline due to negative pressure from stability below EMA50 and breaking a minor bullish bias line
RSI signals indicate potential for further losses in the upcoming period
The (EURUSD) continued its decline in its last trading on the intraday levels, affected by the negative pressure from its stability below EMA50, which prevents its recovery in the previous day, accompanied by breaking a minor bullish bias line on the short-term basis, reinforcing the strength of the bearish trend.
At the same time the negative signals came from the (RSI), after ending the oversold condition previously, opening the way for deepening its losses in the upcoming period.
