The (EURUSD) price rose slightly in its last intraday trading, taking advantage of the stability of the key support at 1.1580, gaining renewed bullish momentum that reinforces this momentum clearly by the continuation of the trading above EMA50, keeping the dominance of the bullish corrective wave on a short-term basis, supporting the current trading to continue the recovery.

Noticing the beginning of positive divergence on the relative strength indicators, after reaching exaggerated oversold levels compared to the price move, accompanied by positive overlapping signals appearance, which might reinforce the likelihood of continuing achieving gains, unless the price loses its stability below the above-mentioned support.