The EURUSD price rose during its latest intraday trading, preparing to test the key resistance level at 1.1635, which represents a crucial level that could determine the pairs direction in the near term.

This upward move is supported by positive signals from the relative strength indicators, besides trading above EMA50, which reinforces the stability of the corrective bullish wave dominating its short-term movement, especially as it moves alongside a supportive trendline.