The (EURUSD) rose in its last intraday trading, supported by the emergence of positive signals on the (RSI), which assisted the pair to regain its bullish momentum temporarily. This rise pushed it to retest the significant resistance at 1.1745.

This rise is accompanied by approaching from the top of bearish correctional channel that limited its moves recently, besides hitting the resistance of the EMA50, which adds more of technical importance to the barrier, which might limit the price in its upcoming move.