The (EURUSD) declined slightly in its last intraday trading, affected by the stability of the solid resistance at 1.1730, which reduced its attempts to rise, despite this limited decline, the pair still attempting to gain new positive momentum to reinforce the chances for surpassing this resistance.

At the same time the (RSI) began forming recovery signals after offloading the overbought conditions in its previous trading, and the bullish trend remains dominant on the short-term technical scene, supported by the stability of the price above EMA50, and its trading alongside bullish trend line that reinforces the strength of the bullish trend.

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