The (EURUSD) declined in its last intraday trading, to settle below the 1.1550 level, as a signal for the weakness of the bullish momentum after it failed to keep the gains of the previous period, this decline comes within the attempts in offloading the clear overbought conditions on the (RSI), especially with the emergence of negative signals.

The trading remains supported by the stability of the price above the EMA50, and the main bullish trend remains valid on the short-term basis, besides the pairs trading alongside the bullish bias line, opening the way for potential recovery in case of the emergence of positive momentum signals.