The EURUSD pair kept fluctuating during its recent intraday trading, leaning on the EMA50s support, in attempt to gain bullish momentum that might help it to recover and resume the rise again, amid the continuation of the bullish corrective wave dominance on the short-term basis.

on the other hand, we notice the emergence of the negative signals from the relative strength indicators, after offloading its oversold levels, which might limit the strength of the bullish momentum and increase the strength of the fluctuation in the near upcoming period.