The (EURUSD) declined in its last intraday trading, amid calm trading in tight sideways range trading, after a previous bullish wave that pushed the (RSI)indicators to overbought levels, causing the emergence of bearish signs that might push the price to decline temporarily to offload these conditions.

Despite this limited decline, the main bullish trend remains the dominant in the short- term basis trading, supported by its trading above EMA50, besides its move alongside a bullish bias line, we expect that the price may take advantage of this correctional momentum to gain new power that pushes it to resume the rise.