The (EURUSD) rose in its last intraday trading, after its success to rebound from the critical support level of 1.1685 that represents our yesterdays target, this rise came after gaining clear positive momentum that assisted it to recover some of its losses, and attempts to offload some of the clear oversold conditions on the (RSI) especially, with the appearance of the positive signals from them.

The price retests the key resistance at 1.1745, accompanied with its reach to the resistance of EMA50, which forms an obstacle against the continuation of the rise, unless confirming a breach above it.